A loan of $1,275 helped a member to buy pig feed to fatten her pigs for sale.

Mrs. Yab Loeng Village Bank Group's story

Mrs. Yab L. is the village bank president for ten people who all live in Krang Sromor Village in Kampong Chhnang Province. All the members will use the loan which they have obtained for different purpose. For instance, Mrs. Yab L. is requesting a loan to buy pig feed since her pigs are getting bigger and bigger and she hopes to provide enough food to her pigs so she can sell thE. for a better price.

Her husband, Mr. Chhin Thim, is a palm juice collector who gathers juice to process into palm sugar and palm wine. Mrs. Yab L. is 47 years old and the mother of two children who are both employed in a garment factory.

This is a village bank loan consisting of partially end-of-term loans. Three members have end-of-term loans and the rest have monthly payment loans. The EoT borrowers 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 thE. 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: Yab, Ven, Khorn, Kunthea, Saren, Rorn, Bet, Thea, Ren, Pao
*not pictured

Loan details

Lenders and lending teams

Loan details