A loan of $1,850 helped a member to expand a pig-breeding business.

Mrs. Mara Ken Village Bank Group's story

Fourteen people who live in Preak Samraong Village in Kandal Province have applied for this loan, which they will use for different purposes. Mrs. Mara K. is the village bank president and will use her portion of the loan to expand a pig-breeding business that is doing well. She is also a garment worker. Her husband, Mr. Chon Loehak, is a motorbike taxi driver and also helps her with her business when he has spare time. Mrs. Mara K. is 21 years old and the mother of two children who are one and three years old.

One member of this group has an end-of-term loan; the rest have monthly payment loans. The member with the end-of-term loan 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. These loans allow 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 loans.

In this group: Mara, Maiya, Nam, Morn, Samrong, Koen, Sarom, Han, Creb, Phon, Srey Mom, Pao, Chea, Shinoen

Loan details

Lenders and lending teams

Loan details