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Mr. Hort Srey Village Bank Group
In this Group: Hort, Chamroeun, Yet, Sokha, Sarorn, Samorn, Sroeun, Pheap, Vanna, Ol, Nar, Savoeun
Mr. Hort S. is 63 years old and the village bank president. He was selected by its 12 members who are located in Samar Khmaer village in Takeo province. The members of this village loan will use it to support their family. Mr. Hort S. and his wife, Mrs. Chray Luy, are farmers who own a plot of land to cultivate rice for a living. Mr. Hort S. decided to ask for a loan to buy fertilizer to support his farm crop. This couple has three children. They are all students who also help their parent's with the farm. Mrs. Lieng Gnoem and Mrs. Saren Torn are group guarantors so they are also in the photo.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,205.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Hort Srey Village Bank Group's $1,625 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 7, 2011