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Heoun's Group
In this Group: Heoun, Savin, Nhil, Sophal, Phin, Tha, Meng, Keomseng, Phal
Mrs. Hoeun S. is a 31 year old married woman and is the village bank president selected by nine members, located in Reang Chaor village, in Kandall province. The members of this village loan will use the funds to support their different purposes. Mrs. Hoeun S. and her husband, Mr. Ven Soeun, are rice middlemen to earn funds for their family's costs of living. For supporting this business, Mrs. Hoeun S. decided to ask for a loan to add to her savings to buy more rice to sell. Aside from this business, Mr. Ven Soeun is a fisherman earning a little income to support his family's costs of living. Mrs. Hoeun S. is a mother of two children who are all students in the local school.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,436,425
    Funds lent in using Kiva
  • 4,175.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Heoun's Group's $925 loan helped a member to add to her savings to buy more rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011