A loan of $1,500 helped a member to start a new pig breeding business.

Mrs. Chek Say Village Bank Group's story

This village bank is located in Prea Reach Village in Kampong Chhnang Province and consists of eighteen members, who plan to use the loan for different purposes. Mrs. Chek S. is the village bank president, and she is currently a cow breeder who is raising eight cows to sell. Her husband, Mr. Each Sok, owns a small plot of land for cultivating rice. Although Mrs. Chek S. and her husband have different businesses, they still cannot support their family well. In order to improve their living conditions, Mrs. Chek S. decided to ask for a loan to start a new pig breeding business. Mrs. Chek S. is 40 years old and the mother of four children who are all attending the local school.

(Mr. Tras R. did not come to accept the loan, but his wife did and is present in the picture instead).

This village bank loan is an end-of-term loan and all the members are not required to pay any principal on the loan until the veR. 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. These allow them to repay portions of the principal whenever they are financially able. 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.

In this group: Chek, Soem, Chuon, Tras, Pheng, Soeun, Mean, Khut, Yem, Mao, Suk, Nheam, Chea, Kheav, Phim, Lay, Yang, Orm

Loan details

Lenders and lending teams

Loan details