A loan of $2,350 helped a member to buy piglets for breeding and also fertilizer for her husband’s field.

Mrs. Ken Khuy Village Bank Loan Group's story

This village bank loan group consists of fifteen people who all live in Trapeang Ampil village in Takeo province. Mrs. Ken K. is the village bank president, and she was selected by the members. She is a pig breeder. Since her breeding pigs business is going well, she wants to expand it by purchasing more piglets for breeding, and she would use the rest of the money to buy fertilizer to support her husband’s paddy field. Her husband, Mr. Peou Choeun, is a farmer who owns a 2-hectare field of land to cultivate rice. This couple has two children who are enrolled in the local school.

Nine members in this group loan are end-of-term loans and the rest have monthly payment loans. With an end-of-term loan, 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 tH. to repay portions of the principal whenever they are financially able. Most clients stA. 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: Ken, Saroeurn, Savin, Saran, Sarun, Thorn, Pov, Moeng, Ren, Phal, Vanna, Vibol, Srey Pov, Touch, Sameur

Loan details

Lenders and lending teams

Loan details