Mrs. Chreob Lim Village Bank Group

Twenty one people living in Sdau Kanleng village in Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Chreob Lim is 31 years old and acts as village bank president. She is employed in a garment factory and also breeds pigs. As her pigs are getting bigger and bigger and she does not have enough money to buy pig food to breed them, she has decided to request a loan for this purpose. Her husband, Mr. Chim Samnang, is a security guard and they have three children, two of whom are enrolled in the local school, while the youngest one is too young to work or study.

Two members in this group loan are end-of-term loans and the rest have monthly payment loans. 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 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.




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

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