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Mrs. Heng Kith Village Bank Group
In this Group: Heng, Bopha, Haisoem, Sophal, Darin, Tol, Savon, Mom, Thoeurn, Na, Chhunleng, Noav, Chantha, Sim, Heng
This village bank loan has fifteen people who live in Sampan Leu village in Kandal province. Heng K. is the village bank president, selected by the other members. Each will use a piece of the loan for different purposes. She and her husband are farmers who own a plot of land to grow crops to sell to support their family. Their field is infertile and it is far away from an irrigation system. So to improve production, Heng is applying for a loan to buy fertilizer and gasoline and to cover the cost of renting a machine to plow her field. She is a mother of four children, two of whom are employed in a casino club. Another is a cane seller. The youngest attends a local public 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
  • 311
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • 4,180.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Heng Kith Village Bank Group's $2,800 loan helped a member buy fertilizer, gasoline and rent a plow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011