A loan of $375 helped a member to buy more fishnets for her husband's business.

Sothim's Group's story

Mrs. Sothim V. is a group leader of five women who all live in Phum Por village in Kampong Chhnang province. She is a farmer who owns a piece of land to cultivate both rice and vegetables. Her husband, Mr. Nim Savy, is a fisherman. He now faces a small problem because he does not have enough fishnets for his fishing. Thus, Mrs. Sothim V. decided to ask for a loan to buy more fishnets for her husband's business. She hopes to increase their income and improve their living conditions with this loan. She is 28 years old and a mother of a child who is too young to work or study because that child is seven months old.

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 them to repay portions of the principal whenever they are financially able to do so. Most clients start to make their payments many months before the end of the loan term. Almost all of AMK’s client make their payments on time. AMK (Kiva's Field Partner) has a delinquency rate of only 0.09%, and a default rate of 0% on Kiva.

In this group: Sothim, Sokhoeurn, Nhorn, Kruy, Ra

Loan details

Lenders and lending teams

Loan details