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Heing's Group
In this Group: Heing, Sae, Hort, Meng, Saroen
Five people have selected Mrs. Heing K. as a group leader. This goup is located in Ta Reap Doun Sar village in Kandal province. The members of this group loan will each use a small portion of the loan for different purposes. Mrs. Heing K. is a farmer who owns a plot of land where she can earn a little money to support her family. Her husband, Mr. Khom Korng, is a fisherman. Now she has some problems because her husband’s fish net is too old to use. So, to improve this fishing, Mrs. Heing K. is seeking for loan to buy a fishing net and morning glories to grow. She is a mother of two children, one is a construction worker, while the other is a seamstress in a garment factory.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,019,450
    Funds lent in using Kiva
  • 4,250.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Heing's Group's $950 loan helped a member to buy a fishing net.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011