A loan of $800 helped a member to buy fertilizer to make the crops more productive.

Mrs. Mean Cheas Village Bank Group's story

The village bank which consists of ten members is located in the Phnom Touch Village in the Kampong Cham Province, and they plan to use the loan which they obtained for different purposes. Mrs. Mean C. is the village bank president who has been selected by the members. She and her husband, Mr. Yin Yeap, are farmers who own a plot of land to cultivate rice. They face a problem with their plantation because their field is infertile. In order to deal with this problem, Mrs. Mean C. decided to request a loan to buy fertilizer to support the field to make her crops more productive. She is 43 years old and the mother of seven children, four of whom are enrolled in the local school while the others are too young to work or study.

Nine members in this group have end-of-term loans and the other, a monthly payment loan. 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 they are the most beneficial to Cambodia’s poor. The system allows them to repay portions of the principal whenever they are financially able. 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 a default rate of 0% with Kiva.

In this group: Mean, Sai, Reth, Oeb, Chhoeurn, Meth, Kim, San, Porn, Sokkha
*not pictured

Loan details

Lenders and lending teams

Loan details