Mrs. Oin Ly Village Bank Group
This is a village bank loan consisting of mainL. end-of-term loans. Twelve members have end-of-term loans and the rest have monthL. payment loans. End-of-term (EoT) loans are AMK's main product because they are the most beneficial to Cambodia's poor. This type of loan allows them to repay portions of the principal whenever they are financialL. able to do so. These members are not required to pay any principal on the loan until the veR. end of the loan term, but 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 onL. 0.09%, and AMK has a default rate of 0% on Kiva loans.
About AMKAngkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.
This is a Group Loan
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Success!! The loan was 100% repaid