Mrs. Sopheap Rours Village Bank Group
Mrs. Sopheap Rours Village Bank Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy rice seed.
Mrs. Sopheap Rours Village Bank Group's story
Eight members in this group have end-of-term (EoT) 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 very end of the loan term. EoT loans are AMK’s main product because they are most beneficial to Cambodia’s poor. These loans allows the borrower to repay portions of the principal whenever they are financially able. 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.