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Huot Eit Group
In this Group: Huot, Srey, Hom, Eourn
Mrs. Huot E. is the group leader of four members in the Banh Chhkol Village in Kampong Chhnang Province. She is a clay pot maker. Aside from this, she is also a firewood seller. Mrs. Huot E. is 59 years old and the mother of one child who is employed in a garment factory. Her husband, Mr. Mut Rith, is a subsistence farmer and he also assists his wife work.



Though her business activities have improved over the years, she now wants to expand her business. Consequently, she asked for a loan to buy more clay to make additional pots and buy firewood to re-sell.

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
  • 191
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • 3,934.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Huot Eit Group's $525 loan helped a member to ask for a loan to buy more clay to make more pots and buy firewood to re-sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 2, 2008
Listed
May 19, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009