A loan of $1,600 helped a member to buy a cow to start up a cow-breeding business.

Mrs. Roatha Chhun Village Bank Group's story

ThirteE. people who all live in Pou Roung village in Takeo province make up this village bank loan, and they will use the loan for different purposes. Mrs. Roatha C. is the village bank president, and she is a farmer who owns a small piece of land where she cultivates rice to earn a living. Aside from this planting, she is a grocery store owner in the local village. Her husband, Mr. Thoang Nimun, helps her in the rice farming.

Although Mrs. Roatha C. and her husband try to work hard, they still earn too little income to support the family. Thus, Mrs. Roatha C. decided to ask for a loan to buy a cow to start up a cow-breeding business. Mrs. Roatha C. is 39 years old and the mother of three childrE. who are all attending the local school.

ElevE. members in this village bank loan have end-of-term loans so these persons 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 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: Roatha, Kheam, Khorn, Lay, Chhon, Narin, Chhary, Sok Khorn, Koem Sry, Sokha, Suo Sdei, Sao, Laom

Loan details

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Loan details