A loan of $2,850 helped a member to purchase more chickens and piglets to raise.

Mr. Chantha Sek Village Bank Group's story

This village bank loan group which consists of twenty people is located I. Boeng village I. Takeo province. Mr. Chantha S. is the village bank president who has been selected by the other members.

Mr. Chantha is farmer who raises pigs and chickens to earn a living. Since his business is doing well, he wants to expand it by purchasing more chickens and piglets to raise. His wife, Mrs. Chay Davy, is employed I. a garment factory.

Mr. Chantha is 28 years old and the father of two children, one of whom is enrolled I. the local school and the youngest one is too young to work or study.

Mrs. Bopha N. did not come to take her loan but her husband did, so he is presented I. the photo instead.

This is a village bank loan consisting of mainly end-of-term (EoT) loans. Sixteen members have EoT loans and the rest have monthly payment loans. Those with EoT loans are not required to pay any principal on the loan until the very end of the loan term.

EoT loans are AMK’s maI. product because they are the most beneficial to Cambodia’s poor. An EOT loan 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: Chantha, Thuon, Mao, Khoeurn*, Sok, Kan, Chinda, Kea, Sokhon, Ly*, Lav, Sokhom, Pisey*, Pheng, Theary, Srey La*, Sovann, Bopha, Mok, Sophea
*not pictured

Loan details

Lenders and lending teams

Loan details