Mrs. Sokhom Touch Group Loan

Mrs. Sokhom Touch is the leader of a four member group in Pou Khvet village in Takeo province. She is a Khmer cake maker. Her husband, Mr. Heng Soeun, is a farmer and cultivates rice on a piece of land he owns. The couple also acts as a rice middle-man. Since their business is doing well, they want to expand it by purchasing more rice to re-sell to earn more income. Thus, Mrs. Sokhom Touch decided to ask for a loan for this purpose. She is 49 years old and the mother of three children, two of whom are enrolled in the local school, while the youngest is too young to work or study. Mr. Heng Soeun came to request the loan, so he is presented in the picture instead of Mrs. Sokhom Touch.

Only one member in this group has an end-of-term loan, while 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 they are the most beneficial to Cambodia’s poor, as they 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.




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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