A loan of $2,900 helped a member to buy pig food to breed pigs.

Mrs. Chreob Lim Village Bank Group's story

Twenty one people living I. Sdau Kanleng village I. Kandal province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Chreob L. is 31 years old and acts as village bank president. She is employed I. a garment factory and also breeds pigs. As her pigs are getting bigger and bigger and she does not have enough money to buy pig food to breed them, she has decided to request a loan for this purpose. Her husband, Mr. Chim Samnang, is a security guard and they have three children, two of whom are enrolled I. the local school, while the youngest one is too young to work or study.

Two members I. this group loan are end-of-term loans and the rest have monthly payment loans. They are not required to pay any principal on the loan until the very end of the loan term. End-of-term (EoT) loans are AMK’s maI. 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.

In this group: Chreob, Keav, Phoeun, Phatt, Samith, Channa, Sam En, Sreinak, Phanny, To, Sokhorn, Pao, Samarth, Ean, Phally, Soeurn, Mornour, Sarorn, Ran, Sokhom, Theeda

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