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Mrs. Ny Eam Village Bank Group
In this Group: Ny, Phol, Sopheap, Lorn, Hoeur, Puoch, Ro, Hoeun*, Nat, Srim, Sophall, Kruon, Lay, Sopheap, Srorn
* not pictured
Fifteen people in Chamka village in Kampong Chhnang province, Cambodia, have formed a village bank loan group and Mrs. Ny E. is the village bank president. She is a farmer who owns a piece of land to cultivate both rice and vegetables. Her husband, Mr. S. Rom, is a palm juice collector who gathers juice to process into palm sugar or wine. He now wants to expand his business, and so Mrs. Ny E. decided to ask for a loan to buy more containers for the palm juice. She is 52 years old and the mother of two children who are enrolled in the local school.

Twelve members in this group will receive End-of-Term (EoT) loans and the rest will have monthly payment loans. In EoT loans, payment on principal is not required until the very end of the loan term but is allowed at any time that the borrower is able to make such a payment. The EoT loan is AMK’s main product because it is the most beneficial to Cambodia’s poor. Most clients start to make principal 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.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Cambodia

  • $2,600
    Average annual income
  • 91
    View loans »
    Cambodia Loans Fundraising
  • $41,820,025
    Funds lent in using Kiva
  • 4,153.3
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mrs. Ny Eam Village Bank Group's $1,550 loan helped a member to buy palm juice containers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 23, 2008
Jan 18, 2009
Currency Exchange Loss:
Jan 15, 2010