A loan of $800 helped a member to buy pesticides to kill insects in the mango field.

Mrs. Sophath Bou Village Bank Group's story

Nine people living in Thma Kor Village in Kandal Province comprise this village bank loan group. They will use the loan for various purpose. Mrs. Sophath B. is the 39-year-old village bank president. She is a farmer who grows mangoes near her house. She is requesting a loan to buy pesticides to kill insects in the mango field. Her husband, Mr. Vorn Ra, is a mango middleman. This couple has five children, four of whom are enrolled in the local school while the youngest one is too young to work or study. Mrs. Ny L. is not borrowing, but her husband is, so he is shown in the picture instead.

All the members in this group loan are end-of-term loans so they are not required to pay any principal on the loan until the very end of the loans term. End-of-term (EoT) loans are AMK’s main 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 their payments many months before the end of the loan term. Almost all of AMK’s client 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: Sophath, Yon, Sophana, Savuth, Ny, Chanthy, Phalla, Pouv, Navy

Loan details

Lenders and lending teams

Loan details