A loan of $1,575 helped a member to buy piglets to raise and fertilizer to support the rice field.

Mr. Sim Kung Village Bank Group's story

Twelve people living in Ta Vong village in Takeo province comprise this village bank loan group, and they will use the loan for various purposes. Mr. Sim K. is the 59-year-old village bank president.

Mr. Sim K. is a hardworking man. His wife, Mrs. Em Sreng, is a farmer who owns a plot of land on which she cultivates rice. The couple has three children, two of whom are construction workers while the other is a waiter.

Although Mr. Sim K.’s family members try to work hard, they still earn insufficient income to supP. their household. In order to improve their living standard, Mr. Sim K. decided to ask for a loan to buy piglets to raise. He will use the rest of the money to buy fertilizer to supP. their rice field.

Mr. Muy C. did not come to take his loan but his wife did, so she is shown in the photo.

Six members in this group loans have end-of-term (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 main product because they are the most beneficial to Cambodia’s poor. EoT loans allow 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 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: Sim, Kaem, Muy, Khom, Roeurn, Chha, Samitt, Kaem, Kung, Eng, Im, Lim

Loan details

Lenders and lending teams

Loan details