Can clients close an account or withdraw money before its maturity date?
Yes, they can.
Currently, what are the main products/services of AMK?
Today, AMK is proud to offer Loans, Savings, Money Transfer, Micro-insurance, Bill Payment and Payroll Services.
Do I have to pay a fee for opening a saving account at AMK agent?
No, you don't. Opening a saving account is free.
How many branches and sub branches does AMK have?
As of October 2015, AMK has 31 branches and 112 sub branches nationwide.
How many types of loans does AMK offer?
There are currently three main types of loans: Group Loans, Individual loans, and Emergency Loans.
How many types of saving products are offered to clients now?
There are four types of saving products, General Saving Account (at village), Easy Account, Fixed Deposit Account, and Future Account.
If a client has an account with AMK, can he or she withdraw money from any province?
Yes, he/she can withdraw money from AMK branch offices throughout the country with free of service charge.
If a client loses his or her saving passbook, what should he or she do?
The client should inform the nearest AMK branch offices. They will issue a new passbook to the client.
What are the loan amounts offered to clients?
AMK’s loan products are designed to offer the poor access to credit. AMK therefore does not have minimum loan amounts. Maximum amounts can be viewed in the Products & Services section of the website.
What Make AMK Different from other MFIs?
AMK is a distinct institution which prides itself on outreach and innovation. The following indicates how AMK stands out from its competitors:
- Absolute Commitment to Mission - “To help large numbers of poor people to improve their livelihood options through the delivery of appropriate and viable microfinance services".
- Social Outreach - Currently serving over 370,000 clients in 11,529 of the 14,000 villages in the country.
- Poverty Focused – 48% of all AMK clients are below the rural food poverty
When was AMK founded?
AMK Microfinance Institution Plc. (AMK)'s origins can be traced back to the savings and credit component of Concern Worldwide's original community development work in Cambodia. From 1997 to 1999, these savings and credit activities were gradually separated from Concern’s broad spectrum community development program. Eventually, savings and credit became a separate project in its own right, albeit still administered by Concern.