A loan of $2,775 helped a member to ask for a loan to buy more piglets for breeding.

Mrs. Vai Kim Huoch Village Bank Group's story

NineteE. people in Tuol Ampil Village in Kampong Cham Province have formed a village bank, and Mrs. Vai K. H. is the village bank president. They each plan to use the loan for different purposes. For instance, Mrs. Vai K. H. is requesting a loan to buy more piglets while this business is going well. Her husband, Mr. Ock Sothy, is a construction worker who makes $2, which not enough income to support his family. Mrs. Vai K. H. is 22 years old and the mother of two childrE. who are both are too young to work or study because they are two years and five months old.

One among the nineteE. members in this village bank has an end-of-term loan, and the rest have monthly payment loans. This member is 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 they are 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: Vai, Chheng, Horn, Yong, Chheng, Roeun, Ket, Reourn, Sim, Phai, Ang, Sim, Suth, Ye, Un, Vai, Mao, Mao, Soeung

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