A loan of $2,350 helped a member to build a piggery for her pig-breeding business.

Mrs. Chanthou Chea Village Bank Group's story

The village bank loan consists of 14 people located in Lvea Sa Leu village in Kandal Province, led by Mrs. Chanthou C., the village bank president selected by the members. A pig breeder, Chanthou is married to Mr. Y. Chorn, a village chief and farmer who owns a plot of land to cultivate both rice and vegetable. Now Chanthou is requesting a loan to build a piggery for her pig-breeding business. She is 54 years old and the mother of five children, two of whom are employed in a garment factory while the others are attending the local school.

Five members in this group loans are end-of-term loans and the rest have monthly payment loans. The former 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 they the most beneficial to Cambodia’s poor, allowing 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 a default rate of 0% on Kiva.

In this group: Chanthou, Thouen, Mao, Kung, Sreinaeth, Sopheap, Sorphorn, Sophea, Sreypov, Sreypov, Rithy, Pom, Mony, Savon

Loan details

Lenders and lending teams

Loan details