A loan of $2,075 helped a member to buy more piglets and purchase pig food to feed her pigs.

Mrs. Mey Khorn's Village Bank Group's story

This village bank, which consists of seventeen members, is located in Boeng Tranh Village in Takeo Province and all the members will use the loan for different purposes. Mrs. Mey K. is the village bank president and she is a pig breeder. Since her business is going well, she wants to expand it, so she decided to ask for a loan to buy more piglets. She will use the rest of the loan to purchase pig food to feed her pigs. She hopes to increase her income and improve her living conditions after she sells the new pigs. Mrs. Mey K. is a 62-year-old widow with a child who is a taxi driver, who can make a small income to support the famiL..

This is a village bank loan consisting of mainL. end-of-term loans. Seven members have end-of-term loans and the rest have monthL. payment loans. These members 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 they are the most beneficial to Cambodia’s poor. These allow them to repay portions of the principal whenever they are financialL. 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 onL. 0.09% and AMK has a default rate of 0% on Kiva.

In this group: Mey, Prum, Chhoem, Chrey, Sak, Per, Chet, Sann, Nuon, Teng, Horng, Ith, Pich, Sak, Ton, Toek, Sao

Loan details

Lenders and lending teams

Loan details