A loan of $2,025 helped a member to improve her farming operations by purchasing seeds and fertilizer.

Mrs. San Ma Village Bank Group's story

This village bank is comprised of 18 people who live in the Srae Ampil village in Kandal province. They are seeking a loan which will be used for various purposes.

Mrs. San M., a 53-year-old woman, is the village bank president. She and her husband, Mr. Sam Tha, are farmers who cultivate rice for a living. On their plantation, they have two problems: they do not have rice seeds or fertilizer. Thus, Mrs. San M. decided to request a loan to purchase rice seeds and fertilizer. She has four children, three of whom are construction workers while the other child is attending the local school.

Seven members of this group are seeking "end-of-term" (EoT) loans, while the rest are seeking monthly payment loans. Borrowers of these EoT loans are not required to pay any principal on the loan until the very end of the loan term. Interestingly, EoT loans are AMK’s main loan product because they are the most beneficial to Cambodia’s poor; specifically, they allow borrowers to repay portions of the loan principal whenever they are financially able to do so. In any event, most such borrowers start to make principal payments many months before the end of the loan term. Almost all of AMK’s clients make their payments on time. Indeed, AMK has a delinquency rate of only 0.09%, and AMK has a default rate of 0% on Kiva loans.

In this group: San, Vorn, Ratana, Run, Kun, Lang, Phoem, Doen, Roen, Sokeomly, Leap, Soy, Ratha, Yoen, Phan, Saroen, Koy, Koem
*not pictured

Loan details

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Loan details