A loan of $3,550 helped a member to purchase fertilizer.

Mrs. Phary Sok Village Bank Group's story

This village bank loan group has 24 members, all of whom live in Krapeu Troum village in Kandal province. They will use the loan for various purposes. Mrs. Phary S., 37, is the village bank president. She is a farmer who owns a small piece of land where she cultivates rice. She is requesting a loan to purchase fertilizer to support the field and make her crop more productive. Her husband, Mr. Oau Neat, is a construction worker. They have two children who attend the local school.

Fourteen members in this group have end-of-term loans and the rest have monthL. payment loans. Those who have end-of-term loans 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 main product because they are the most beneficial for Cambodia’s poor. End-of-term loans allow clients to repay portions of the principal whenever they are financialL. 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 onL. 0.09% and AMK has a default rate of 0% on Kiva.

In this group: Phary, Kum, Srey, Saroeurn, Tel, Phearoat, Sokunthea, Sopheap, Chhorn, Vich, Sreyhorn, Sreymom, Phan, Van, Sothy, Thy, Horn, Pich, Phally, Kol, Kunthea, Phun, Srors, Sophorn
*not pictured

Loan details

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Loan details