A loan of $2,400 helped a member to purchase more fish for resale.

Mrs. Vouchnor Hok Village Bank Group's story

The Village Bank Group, which consists of 16 people, is located in Tuol Kdei village in Kandal province. Mrs. Vouchnor H. is the Village Bank president who has been selected by the members. She is a fish retailer in the local market. Since her business is going well, she wants to expand it by purchasing more fish to re-sell to earn more income. Her husband, Mr. Tho Thang, is a farmer who owns a plot of land to cultivate rice to earn a living. Mrs. Vouchnor H. is 34 years old and the mother of five children, three of whom are enrolled in the local school, while the others are too young to work or study.

Four members in this group loA. are End-of-Term loans and the rest have monthly payment loans. They are not required to pay any principal on the loA. until the very end of the loA. 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 payments many months before the end of the loA. 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: Vouchnor, Horn, Vouchny, Tree, Oeun, Chantha, Vat, Cheang, Poy, Sok Nor, Chantha, Sareoung, Srey Norn, Ly Heang, Si Nourn, Teav

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