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Hort's Group
In this Group: Hort, Vang, Seang, Phum, Si, Kak, Kak, Nhar, Hork, Thol, Yorn
This village bank loan consists of eleven people who will all will use their money to support their different purposes. The members selected Mrs. Hort as village bank president.

Hort and her husband are farmers who own a plot of land where they grow rice and corn to support their family. They do not have enough money to sustain their farming. Therefore, Hort would like to ask for a loan to buy fertilizers and pesticides to grow rice and corn. This couple has five children: one is employed and four are students who also help their parents with the farming.

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
  • $36,587,375
    Funds lent in using Kiva
  • 4,025.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Hort's Group's $1,750 loan helped a member to buy fertilizers and pesticides.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 30, 2012