A loan of $1,175 helped a member to buy three more piglets for breeding.

Thuo's Group's story

The village bank, which consists of seventeE. people is located in Phum Soupy village in Kampong Chhnang province. Mrs. Thuo C. is a village bank president.

She is a basket maker and also a pig breeder. Since the second business is going well, she wants to expand it, so she decided to ask for a loan to buy three more piglets for breeding. Her husband, Mr. Leng Run, is a laborer who can make a small income to support the family.

Mrs. Thuo C. is 21 years old and the mother of two childrE. who are both too yoU. to work or study because they are at the ages of five months and two years old. Mr. Dieb P. did not come to take the loan with his wife is, so she is presented in the picture instead.

All the members in this group loan are 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 they are the most beneficial to Cambodia’s poor. It allows 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.

In this group: Thuo, Moeurn, Sophea, Chorn, Sokhun, Siem, Sey, San, Chenda, Sokhun, Sokhy, Rum, Chum, Dieb, Chhieng, Heng, Sokhunthea

Loan details

Lenders and lending teams

Loan details