Mrs. Srey Mao Srun Village Bank Group

In this Group:
Srey Mao Srun, Vanny Kroch, Savoeun Hoem, Sam Ol Kung, Vibol Khut, Srey Neang Saem, Sok Lim Chum, Sok La Chum, Phally Chhit, Savoeun Oeurn, Sok Chea Vaen, Yoeun Say

The village bank loan which consists of twelve people and they all live in Thnal Teaksen village in Kandal province. Mrs. Srey Mao Srun is the village bank president who has been selected by the members. She is a chicken breeder. In this poultry business, she faces an obstacle because she does not have enough money to build the chicken cage. Thus, she decided to ask for a loan for this purpose. Mrs. Srey Mao Srun is 37 years old widow with two children, one of whom is a seller while another is attending the local school.
Four members in this group loans 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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