Mrs. Rorn Nhin Village Bank Group

Mrs. Rorn Nhin is the village bank president who has been selected by the members. She is a farmer who owns a small piece of land to cultivate rice. Her husband, Mr. Naem Roun, is a construction worker. Although they try to work hard they still earn too little income to provide a better house for their family. Thus, Mrs. Rorn Nhin decided to ask for a loan to add to her savings to buy timbers to build the house. She is 40 years old and the mother of six children, two of whom are employed in a garment factory while the others are attending the local school.

All the members in this group loan have end-of-term loans so they 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 it is the most beneficial to Cambodia’s poor. It allows them to repay portions of the principal whenever they are financially able to. Most clients start to make their payments many months before the end of the loan term. Almost all of AMK’s clients make their payments on time. AMK, Kiva's partner, has a delinquency rate of only 0.09% and a default rate of 0% on Kiva.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more