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Mr. Den Mao Village Bank Group
In this Group: Den, Leng, Oun, Savrath, Ny, Toch, Toch, Poa, Sophorn, Shinoun, Sambath, Chheng, Sarem, Phal
FourteE. people who live in Anlong Romeit Choeng Village in Kandal Province make up this village bank and they will use the loan which they obtained for different purposes. Mr. DE. M. is the village bank president. He is a village chief who makes only a small salaR. to support his family. His wife, Mrs. Say Soth, is a farmer who owns 0.2-hectare where she cultivates rice. Although they cultivate rice, they still make only a little rice revenue which cannot support the family. In order to support them, Mr. DE. M. decided to ask for a loan to buy rice to eat. He is a 59-year-old and the father of two childrE., one of whom is employed in a garment factoR. while the other is staying at home to do housework.

Two members in this village bank loan have end-of-term loans and the rest have monthly payment loans. Those who have EoT loans are not required to pay any principal on the loan until the veR. 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.

Additional Information

About AMK

Angkor 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

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 225
    View loans »
    Cambodia Loans Fundraising
  • $37,987,500
    Funds lent in using Kiva
  • 4,161.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mr. Den Mao Village Bank Group's $1,875 loan helped a member to buy rice to eat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 9, 2008
Jan 1, 2009
Currency Exchange Loss:
Jan 15, 2010