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

Mrs. Sine Keo Village Bank Group's story

This village bank loan group consists of nine people, located in Andoung Chros village in Kampong Chhnang province. Each of the members in this group will use this loan for different purposes. Mrs. Sine K. is the village bank loan group president. She owns a small restaurant where she sells rice soup to villagers and passerbys in the local village. Her husband, Mr. Leang Pinh, is a rice wine maker in the local village. Aside from this business, he is a breeder and raises fourteen pigs. Since this business is going well, he wants to expand it, so Mrs. Sine K. decided to ask for a loan to buy three more piglets for breeding. Mrs. Sine K. is 27 years old and the mother of five children. Three are attending the local school while the others stay at home as they are too young to work or study.

Two members in this village bank group loan are end-of-term loans and the rest are monthly payment loans. 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 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: Sine, Samoeurn, Yung, Ya, Chhin, Korn, Tha, Sim, Veasna

Loan details

Lenders and lending teams

Loan details