A loan of $1,125 helped a member to buy a pump to bring water to his fields.

Mr. San Preab Village Bank Group's story

The village bank which consists of eight people is located in Slaeng village in Kandal province. Mr. San P. is the village bank president who was selected by the members. He is a farmer who cultivates both rice and vegetables. Since his fields are both far from an irrigation system, he decided to ask for a loan to buy a pump to water his field to make his crop more productive. His wife, Mrs. Srey Phorn, is a housewife who cooks for the family. This couple lives together without any children.

One member in this village bank loan has applied for an end-of-term loan and the rest have monthly payment loans. The end-of-term (EoT) loan is AMK's main product because it is 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.

In this group: San, Ratana, Phearen, Samoeun, Mach, Savang, Sophary, Yom

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Loan details