AMK Microfinance Plc
Credit line gives people complete control on their financial need where they can decide when and how much money they need each time during the life cycle of production.
Product Overview & Scale
- Fsp NameAMK Microfinance Plc
- Fsp ID100625
- As of Date8/31/18
- CurrencyUSD
- Product NameCredit Line Group Loan
- CountryCambodia
- Total Clients Bracket1,000,000
- Product Clients Bracket50,000- 100,000
- Number of Product Clients66,533
- Percent of Total Clients that are Product Clients8%
- Average Loan Size Per Client624
- Average Loan Size Per Client624
Financial Structure & Pricing
- loan or product structure is flexibleTRUE
- loan or product structure is flexible if yes describeBorrowers can request the maximum loan size in the loan application form. Then they can withdraw partial amount till it reaches the maximum applied loan size.
- repayment structure is flexibleTRUE
- repayment structure is flexible if yes describeBorrowers are allowed to prepay some of the principal anytime they can afford.
- loan or product term covers growing seasonTRUE
- loan or product term covers growing season if yes describeThe maximum loan term is up to 24 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
- 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