A loan of $700 helped a member to buy two more piglets for breeding.

Mrs. Phanny Seng Village Bank Group's story

ElevE. people in Soupy village in Kampong Chhnang province have formed a village bank loan and Mrs. Phanny S. is the village bank president. She is a pig breeder. Since her breeding pigs business is going well, she wants to expand it. Thus, she decided to ask for a loan to buy two more piglets for breeding. Her husband, Mr. PhE. Yun, is a basket maker. Mrs. Phanny S. is 24 years old and the mother of two childrE. who are too young to work or study.

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 loans 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 their payments many months before the end of the loan term. Almost all of AMK’s client make their payments on time.

In this group: Phanny, Nak, Sokhuo, Khy, Lorn, Rors, Ry, Lim, Norm, Sarum, Thet

Loan details

Lenders and lending teams

Loan details