A loan of $1,600 helped a member to buy more piglets for breeding.

Mrs. Koen Hang Village Bank Loan Group's story

Eleven people who are living in Pouthi Reamea village in Kandal province are members of the Village Bank Loan Group. Mrs. Koen H. is a the group president who has been selected by the members. They will each use the loan for different purposes. She is a pig breeder. Since her breeding pigs business is doing well, she wants to expand it by purchasing more piglets for breeding. Her husband, Mr. Em Leang, is a hard-working man. This couple has six children, one of whom is employed in a garment factory, while another helps the parents work, and the others are attending the local school.

Six members of this group loan are end-of-term loans and the rest have monthL. payment loans. They 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 financialL. able to do so. 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 onL. 0.09% and AMK has a default rate of 0% on Kiva.

In this group: Koen, Sarom, Ly, Keam, Reth, Hong Lang, Shina, Trey, Sann, Srim, Try

Loan details

Lenders and lending teams

Loan details