A loan of $1,150 helped a member to buy more fresh fruits and recycling to support the business.


Mrs. Sarem Long's Village Bank Group's story

Nine people who are all living in Prech village in Takeo province make up this village bank loan. Mrs. Sarem L. is the village bank president who has been selected by the members. They all will use the loan for different purposes.

Mrs. Sarem L. is a fruit seller in the local market. Her husband, Mr. S. Sei, is a farmer who owns a piece of land to cultivate both rice and vegetable. He also owns a small business as a recycling middle man. Now this couple wants to expand their business. Thus, Mrs. Sarem L. decided to ask for a loan to buy more fresh fruits and recycling to support the business. She hopes to earn income and improve the family living conditions with this loan. She is 37 years old and the mother of five children, one of whom is a laborer while the other three are attending the local school and the youngest one is too young to work or study.

Two members in this group loan are end-of-term (EoT) loans and the rest have monthly payment loans. The EoT loans are not required to pay any principal on the loan until the very end of the loan term. End-of-term 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 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: Sarem, Mann, Touch, Chann Rem, Thol, Vasna, Chamreurn, On, Surn
*not pictured



Loan details


Lenders and lending teams



Loan details