AMK Microfinance Plc
This is the main loan product of AMK and it meets most of the clients’ demands in the market. This loan product provides to people who need funds for income generation or consumption. This loan product allows flexibility of payment while the clients have no regular monthly income.
Product Overview & Scale
- Fsp NameAMK Microfinance Plc
- Fsp ID100625
- As of Date8/31/15
- CurrencyUSD
- Product NameEnd-of-Term Group Loan
- CountryCambodia
- Total Clients Bracket500,000- 1,000,000
- Product Clients Bracket50,000- 100,000
- Number of Product Clients84,484
- Percent of Total Clients that are Product Clients10%
- Average Loan Size Per Client587
- Average Loan Size Per Client587
Financial Structure & Pricing
- loan or product structure is flexibleFALSE
- repayment structure is flexibleTRUE
- repayment structure is flexible if yes describeBorrowers are allowed to repay monthly interest rate, yet they still can repay partial principal anytime they are capable of.
- loan or product term covers growing seasonTRUE
- loan or product term covers growing season if yes describeThe maximum loan term is up to 12 months
- grace period offeredFALSE
- group or individual loanGroup
- apr26%
- average loan processing time days5
- is apr or other transparent pricing communicated to clientsTRUE
- is apr or other transparent pricing communicated to clients if yes describeAll the fee and interest rate charges are printed in the repayment schedule.
- type of primary insurance productHealth insurance
- total insurance coverage in the last 12 months for primary insurance product274238
- average premium per client in last 12 months for primary insurance product7.5
- annualized repayment rate of the product98- 100%
Value Chain Support
- inputs assets services are readily availableFALSE
- inputs assets services are available at time demanded by clientFALSE
- inputs assets services available within reasonable distance of clientFALSE
- inputs assets services are of good qualityFALSE
- informal management services providedFALSE
- formal programs in place for post harvest managementFALSE
- if yes to above do over 50 of clients use service programFALSE
- informal linkages exist between clients and buyers producersTRUE
- formal linkages exist between clients and buyers producersFALSE
- guaranteed market opportunities exist for clientsFALSE
Training
- agricultural training available to clientsFALSE
- agricultural training available to clients using formal curriculumFALSE
- multiple agricultural trainings delivered during product cycleFALSE
- organization does quality checks on trainingsFALSE
- financial literacy training takes places yes noTRUE
- classroom theoretical training offered by administering partyFALSE
- training engages clients in participatory learning with additional materialsFALSE
- training is offered in a convenient location for clientsFALSE
Measuring Impact
- regular measurement of farmer yields takes placeFALSE
- formal measurement with strong control groupFALSE
- rct or other academic quality work done to verify resultsFALSE
- measurement of change to profit income or poverty reduction takes placeTRUE
- measurement of change to profit income or poverty reduction takes place if yes describePCA, PSM and DID are employed to assess the impact of credit service delivery.
- using methodical process over time to measure changeTRUE
- using methodical process over time to measure change if yes describeImpact evaluation is conducted every 5 years
- what type of poverty measurement metric is usedPCA, PSM and DID