A loan of $1,775 helped a member buy more groceries to sell.

Mrs. Sokrey Choeun Village Bank Group's story

Mrs. Sokrey C. is the village bank president of sixteen members who all live in Trapang Kor village in Kampong Chhnang province. Mrs. Sokrey C. is 34 years old and the mother of five children who attend the local school. Her husband, Mr. S. Sarath, is a farmer who owns a small piece of land on which he cultivates rice.

Mrs. Sokrey C. owns a small store in the local market. Her customers make many requests for additional goods. To fulfill her customers' needs, she is requesting a loan to buy more groceries for her store.

This is a group loan, mainly consisting of end-of-term loans. Four members have end-of-term loans, and the rest have monthly payment loans. These members are not required to pay any principal on the loan until the very end of the loan's term. End-of-term (EoT) loans are AMK’s main product because they are the most beneficial to Cambodia’s poor. These loans allow them to repay portions of the principal whenever they are financially capable. Most clients start to make their payments many months before the end of the loan's term. Almost all of AMK’s clients make their payments on time. AMK has a delinquency rate of only 0.09% and a default rate of 0% on Kiva.

In this group: Sokrey, Orn, Hun, Saret, Chhuok, Vuthy*, Theun, Vanna, Saret, Sokha, Rorn, Hieng, Sitha, Soktheng, Saran, Oar
*not pictured

Loan details

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Loan details