A loan of $3,425 helped a member to hire laborers to work on her field.

Mrs. Mom Chroeng Village Bank Group's story

This loan will help 26 people in Pou village in TaK. province. Mrs. Mom C. has been elected village bank president by the members of this group. She is a farmer who owns a one-hectar field where she grows rice for a living. She faces a small problem because she does not have enough money to hire laborers to work on her field; she is applying for this loan to hire the helpers she needs. Her husband, Mr. Loem Vong, also works on the farm. Mrs. Mom C. is 29 years old and has three children, two of whom attend school while the youngest is too young to work or study.

Fifteen members of this group have loans with end-of-term payments; the rest make regular monthly payments. End-of-term (EoT) loans are AMK’s main product because they work best to benefit Cambodia’s poor by allowing them to repay portions of the principal when they are financially able. Most clients start to make payments many months before the end of the loan term, and almost all make their payments on time. AMK has a delinquency rate of only 0.09% and AMK has a default rate of 0% on Kiva loans.

In this group: Mom, Mao, Ngus, Sochan, Kheng, Aun, Samon, Aun, Srey Kea, Met, Cheang, Sarorn, Aun, Ret, Mek, Touch, Chantha, Somaly, Phally, Chan Eng, Bros, Srey, Ney, Srey Raoth, Srey Mom, Ly

Loan details

Lenders and lending teams

Loan details