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Mrs. Hor Srey Group
In this Group: Hor, Heng, Hor, Ven
This group loan is located in Kampong Prasat Village in Kampon Chhnang Province. The group consists of four members and Mrs. Hor S. is the group leader. She owns a small grocery store in the local market. Since her business is going well, she wants to expand it so she decided to ask for a loan to buy grocery products for her inventory.

Her husband, Mr. Pin Mi, is a body guard in the market and he makes $42 per month which is a small income to support the whole family. Mrs. Hor S. is 44 years old and the mother of five children, three of whom are employed in a garment factory while the others are too young to work or study because they are at the age of five and three.

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
  • 236
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • 4,107.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Hor Srey Group's $600 loan helped a member to buy grocery products for inventory.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 21, 2008
Listed
Oct 7, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009