A loan of $775 helped a member to buy more fish to re-sell.

Mrs. Samlout Chhum Village Bank Group's story

Eleven people, who all live in Kampong Boeng village in Kampong Chhnang province, make up this village bank (group) loan. All the members will use the loan for different purposes. Mrs. Samlout C. is the village bank president who has been selected by the members. She is a fish seller. Because this business is going well, she wants to expand it, so she decided to ask for a loan to buy more fish to re-sell. Her husband, Mr. Hoet Bunheng, is a construction worker who can make a small income to support the family. Mrs. Samlout C. is 37 years old and the mother of three children, who are all attending the local school.

All the members in this group loan have end-of-term loans, so they 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 it is the most beneficial to Cambodia’s poor. It allows tH. to repay portions of the principal whenever they are financially able to do so. 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 (Kiva's Field Partner) has a delinquency rate of only 0.09% and has a default rate of 0% on Kiva.

In this group: Samlout, Set, Phall, Sok, Cheng, Sophall, Sambath, Teng, Nheb, Phalla, Sambour

Loan details

Lenders and lending teams

Loan details