Angkor Community Fund is a non-profit organization that provides free educational training, technical support, and financial assistance for poor individuals in Cambodia. They issue no-collateral group loans to their clients, who generally do not have the land titles, motorbike registrations, or formal employment contracts that are often required to obtain loans from other MFIs.

Angkor Community Fund has experience in environmental conservation, sustainable development, small business support and public health. The Fund specifically targets its loans to poor urban and rural communities, in addition to the “most at risk” populations including entertainment workers, sex workers, and individuals living with HIV. In 2013, they were able to reach about 7,000 individuals with their education and health programs.

A unique lending approach:

Angkor Community Fund provides group loans with a weekly interest payment of .0875%. This interest rate is one of the lowest in the region among microfinance institutions offering no collateral loans.

Borrowers can form groups of up to five, and are selected according to their household assets, current and expected cash flows, prior repayment history, recommendations from other borrowers and villagers, group cohesion and personal character. Until now, they have been able to manage a small solidarity group lending program of between 60-250 clients with dedicated funds of $6,500 and average loan sizes of $100/ person. With Kiva’s support, Angkor Community Fund will be able to expand their loan program and microcredit offerings to include more villages and facilitate rural development.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 19, 2014 Oct 12, 2005
Total Loans $2,550 $592,993,000
Amount of raised Inactive loans $0 $779,925
Number of raised Inactive loans 0 606
Amount of Paying Back Loans $600 $117,040,575
Number of Paying Back Loans 1 124,358
Amount of Ended Loans $1,950 $475,172,500
Number of Ended Loans 3 603,009
Delinquency Rate 0.00% 3.96%
Amount in Arrears $0 $2,989,208
Outstanding Portfolio $100 $75,562,521
Number of loanDelinquent 0 11,915
Default Rate 0.00% 1.12%
Amount of Ended Loans Defaulted $0 $5,344,932
Amount of Ended Loans $1,950 $475,172,500
Number of Ended Loans Defaulted 0 16,810
Currency Exchange Loss Rate 0.00% 0.09%
Amount of Currency Exchange Loss $0 $538,749
Refund Rate 0.00% 0.77%
Amount of Refunded Loans $0 $4,537,625
Number of Refunded Loans 0 5,064

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 74.19%
Average Loan Size $142 $418
Average Individual Loan Size $0 $656
Average Group Loan Size $638 $1,828
Average number of borrowers per group 4.5 8
Average GDP per capita (PPP) in local country $2,600 $3,429
Average Loan Size / GDP per capita (PPP) 5.45% 12.19%
Average Time to Fund a Loan 0.11 days 5.61 days
Average Dollars Raised Per Day Per Loan $1,268.69 $74.53
  Average Loan Term 6 months 10.36 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 0 296,539
  Journaling Rate 0.00% 42.37%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 0.00 1.87

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 46% APR 30.00% PY 33.27% PY
  Profitability (return on assets) N/A 4.6% -1.45%
  Average Loan Size (% of per capita income) N/A 184.00% 40.88%

Country Fast Facts

Field Partner Staff

Thanak de Lopez
Choeun Sinoeun