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Mrs. Mom Hor Village Bank Group
In this Group: Mom, Keov, Sambath, Kak, Pao, Sarem, Thea, Chantrea, Shidoen, Vannak, Hem, Saron, Saory, Sokry
This Village Bank loan is being requested by fourteen people who live in Preak Samraong Village in Kandal Province. Mrs. Mom H. is a village bank president who has been selected by the members. She is a fruit seller in the local market. Because she now has a lot of customers who are buying large amounts of her products, she has decided to ask for a loan to buy different kinds of fruit to re-sell to meet their demand. She is a 48-year-old widow with four children, three of whom are employed in a garment factory while her youngest, who is only five years old, stays at home.

This request includes some end-of-term loans. Two members have end-of-term loans and the rest have monthly payment loans. The former are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s main product because they are most beneficial to Cambodia’s poor. These loans allow them to repay portions of the principal whenever they are financially able. Most clients start to make payments many months before the end of the loan term. Almost all of AMK’s clients make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva loans.

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
  • 62
    View loans »
    Cambodia Loans Fundraising
  • $41,788,200
    Funds lent in using Kiva
  • 4,117.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Mom Hor Village Bank Group's $1,900 loan helped a member to buy different kinds of fruit to re-sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 5, 2008
Nov 28, 2008
Currency Exchange Loss:
Sep 15, 2009