Mrs. Ton K. now faces a small problem because she does not have enough money to buy a new cow to help the old cow that now plows her field. Thus, she has asked for a loan for this purpose.
Mrs. Ton K. is 48 years old and the mother of four children, two of whom are employed in a garment factory while the others are too young to work or study. Previously, Mrs. Ton K. obtained a loan from AMK to buy piglets for breeding. She fully paid back the loan. Last year, her husband got sick and Mrs. Ton K. had unforeseen expenses to take care of him. This is the reason Mrs. Ton K. does not have enough money to buy a cow to plow her field. Mrs. Ton K. and her husband are shown in the picture.
About AMKAngkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.
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Success!! The loan was 100% repaid