Mrs. Din Chin Village Bank Group

Twenty-two people living in Khnach Khang Tboung village in Takeo province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Din Chin is 27-year-old and the village bank president. She is a farmer who owns a small plot of land to cultivate rice. Her husband, Mr. Rous Ry, is a construction worker. Although this couple tries to work hard, they still earn little income to support their family. In order to improve their living situation, Mrs. Din Chin decided to request a loan to buy piglets to start a pig breeding business. She has three children, one of whom is attending the local school, while the others are too young to work or study. Mrs. Sok Kea Chin, Mrs. Saim Mao, and Mrs. Sok Khuon do not come to take a loan but their husband are, so their husband are presented in the picture instead.

Seventeen members in this loan group have end-of-term loans, and the rest have monthly payment loans. They are not required to pay any principle 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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