A loan of $1,350 helped a member to ask for a loan to add to her savings to buy more rice to earn income.


Mrs. Lun Phoung Village Bank Group's story

Ten people living in Tropaing Mortes village in Kampong Chhnang province comprise this village bank loan, and they will use the loan for various purposes. Mrs. Lun P., the 53-year-old village bank president, is a farmer who owns a piece of land for cultivating rice. Aside from this plantation, she is a rice middleman. Since her business is doing well, she wants to expand it. Thus, she decided to ask for a loan to add to her savings to buy more rice to earn income. Mrs. Lun P. is a widow with two children, one of whom is employed in a garment factory while the other is attending the local school.

Two members in this loans group are end-of-term loans and the rest have monthly payment loans. 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. 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 AMK has a default rate of 0% on Kiva.

In this group: Lun, Mut, Leng, Naren, Lim, Yaneak, Sokret, Khunthea*, Yeng, Thy
*not pictured



Loan details


Lenders and lending teams



Loan details