Mrs. Sambin Chhim Village Bank Group

The village bank, consisting of thirteen members, is located in Smeth village in Kampong Chhnang province. The members plan to use the loans they have obtained for different purposes. Mrs. Sambin Chhim is the village bank president, selected by the members. She is a farmer who owns a piece of land on which she cultivates rice. She does not have enough money to buy rice seeds to grow, so she is requesting a loan to purchase rice seeds to cultivate on the field to earn her living. Mrs. Sambin Chhim is a 58-year-old widow with a child who works as a jeweler.

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 they are the most beneficial to Cambodia’s poor. Such loans allows borrowers 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 client 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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