Cambodia > AMK (Angkor Microfinance Kampuchea)

About the Field Partner

Field Partner:	AMK (Angkor Microfinance Kampuchea)
Field Partner Risk Rating:	(Learn more)
Time On Kiva:	21 months
Kiva Entrepreneurs:	18052
Total Loans:	$3,071,150
Delinquency Rate:	N/A - see note
Default Rate:	0.00% (see note)
Currency Exchange Loss Rate:	0.00%
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Kiva Fundraising Status

Fundraising Status:	Active
Kiva Notes:	AMK's delinquency rate is "N/A" as many of their loans are agricultural loans whose principal payments do not occur until the last payment period. Since Kiva's current system assumes equal monthly principal payments, AMK's agricultural loans would inaccurately be considered as being "delinquent" until the final payment period. Given this circumstance, Kiva has designated AMK's delinquency rate as "N/A" to better reflect their actual performance.
Delinquency Rate Notes:	.
Default Rate Notes:	.
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Other Information Sources

MIX Profile:	View MIX Profile
Network Affiliation:	Concern Worldwide USA
Social Performance Reporting Level:	Gold Award
Consumer Protection Principles:	Endorsed
Field Partner Website:	View Website
Email Contact:	info@amkcambodia.com

AMK is a leading microfinance institution in Cambodia operating in over 6,000 villages with over 220,000 clients. AMK is the first microfinance institution to have operations in every province in Cambodia and they work in nearly half of all villages in Cambodia. The focus of AMK is on very poor clients in rural areas which is demonstrated in the average loan size is just $115.

AMK Has Received Numerous Prestigious Awards and Recognitions:

1. MFI Gold Certificate Award for Transparency in Social Performance Reporting presented by TheMIX and CGAP.

2. Runner up in the 2008 European Microfinance Awards.

3. Ranked as the Highest Microfinance Institute in Cambodia and in the Top 20 in the world in the 2006, 2007 and 2008 MIX Global 100 Composite Rankings based on outreach, efficiency and transparency.

4. CGAP Global Financial Transparency Award in 2005 and 2006.

5. Unitus Effectiveness Award

AMK’s Mission:

"To help large numbers of poor people to improve their livelihood options through the delivery of appropriate and viable microfinance services."

AMK's Guiding Principles:

1. AMK will provide microfinance services to poor people in Cambodia that are grounded in sound financial discipline at all levels.

2. AMK will be committed to openness and transparency in all areas of management and operations.

3. AMK will be committed to developing processes/services and to adopting behaviors and standards that ensure optimum social performance, including client protection.

4. AMK will be a learning organization where appropriate exchange and sharing of information will contribute to staff development, training and in policy and systems improvements.

AMK's Code of Practice for Client Protection:

1. Maximize the inclusion of the poor and other marginalized populations who meet AMK's other criteria for selection.

2. Minimize the exposure of (poor) clients to financial products that may prove harmful if they promote over-indebtedness.

3. Provide complete information to clients about policies and procedures, and ensure complete transparency in transactions.

4. Facilitate and promote complete freedom of choice to clients.

5. Ensure appropriate and respectful behavior of staff and management towards clients.

AMK is endorsed by Microfinance Transparency.