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Huoy's Group
In this Group: Huoy, Channy, Ne, Ounsokha, Khorn
This group loan consists of five people who live in Prey Sangkum village in Prey Veng province. Mrs. Huoy H. is the group leader, selected by all the members. They will all use the loan for different purposes to improve their businesses.

She is a farmer who owns a one-hectare plot of land to grow rice: not to sell but to support her family. She also breeds pigs and her husband, Mr. Thoeurm Hang, is a construction worker. They try to work hard with their careers but they earn a low income. To improve her family's living conditions, Mrs. Huoy H. is applying for a loan to buy a cow for breeding to start a new business.

Mrs. Huoy Huoen is the mother of three children, two of whom are enrolled in the local public school. The other child is 3 years old and is too young to work or study.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $36,207,275
    Funds lent in using Kiva
  • 4,238.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Huoy's Group's $475 loan helped a member to buy a cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 7, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010