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Mrs. Hen Khoem Village Bank Group
In this Group: Hen, Chan, Hien, Sarun, Sim, Sarun, Sarim, Nak
Mrs. HE. K. is the village bank president of eight members, all live in the Phum Lor village of Kampong Chhnang province. She is a farmer who owns a small piece of land to cultivate rice. Her husband, Mr. Teng Morm, is a field laborer hired by others to work their land. EvE. though they work hard, they still cannot provide a better living for their family. Thus, Mrs. HE. K. asks for a loan to add her savings to buy a cow to start a breeding business. She hopes to increase income and improve her family's living conditions with this loan.

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
  • 307
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • 4,041.8
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Hen Khoem Village Bank Group's $1,075 loan helped a member to buy a cow to start a breeding business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010