A loan of $2,750 helped a member to buy timbers to make beds to sell.


Mr. Tom Nguon Village Bank Group's story

The village bank loan group consists of twenty people who live in the village of Nor Neam Toteung village in Kampong Chhnang province. Each of the members will use the loan for different purposes. Mr. Tom N. is the village bank loan group president selected by the members. He is a bed maker, which he makes from timbers. In his work, he faces an obstacle because he does not have enough money to buy the timbers to make beds. Thus, he decided to request for a loan to buy timbers to make beds to sell. He hopes to increase income and improve living conditions with this loan. His wife, Mrs. Kong Ren, is a basket maker.

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: Tom, Thul, Nen, Yim, Tong, Long, Sok Chea, Sovann, Chan Then, Lon, Neary, Ly, Sokhom, Chan Thou, Malai, Kim Suor*, Salon, Malon, Sarim, Sam Art
*not pictured



Loan details


Lenders and lending teams



Loan details