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Phorng
Mr. Phorng T. lives in the Krang Samroung Village in the Takeo Province. He is a chicken breeder. Aside from his breeding, he sells ice cream in the local village. Since his business is doing well, he wants to expand it; thus, he decided to ask for a loan to buy a motorbike to transport his ice cream to sell door-to-door. His wife, Mrs. Nget Saran, is a farmer who owns a plot of land to cultivate rice. Mr. Phorng T. is 30 years old and the father of two children who are too young to work or study. His wife is shown on the left of 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.

About Cambodia

  • $2,600
    Average annual income
  • 99
    View loans »
    Cambodia Loans Fundraising
  • $35,456,775
    Funds lent in using Kiva
  • 4,131.5
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Phorng to buy a motorbike to sell ice cream door-to-door.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010