Mrs. Pol Bun Village Bank Loan Group

This village bank loan is made up of 13 people living in the village of Tboung Damrei in the province of Takeo. Each member will use their loan for a different purpose. Mrs. Pol Bun is the village bank president who has been selected by the members. She is a food seller. Her husband, Mr. Prum Prunh, is a farmer who owns a plot of land to cultivates rice. He is currently encountering a problem because his field has infertile soil. For this reason, Mrs. Pol Bun decided to ask for a loan to buy fertilizer with which to support the field in order to make crop more productive. She is 61 years old and the mother of a grown child who is a construction worker.

Six members in this group loans have 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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