Community Stories  >  Case Studies

Angkor Mikroheranhvatho (AMK)

While the scale and scope of Clann Credo’s work has expanded to include projects overseas, the core values and ethos remain unchanged. 

A perfect example was our recent decision to support the work of one of Cambodia’s most successful micro finance providers. 

Angkor Mikroheranhvatho - or AMK for short - provides sustainable credit for some of Cambodia’s poorest and most excluded people. It evolved from the ‘micro-finance’ work of Irish aid agency Concern in Cambodia, during the 1990s. 

Denial of credit damages a community’s capacity to develop and grow – be it in Ireland or Cambodia. Different country, same problem. And now we have similar solutions. 

AMK set up as a separate entity in 2002 and is now the country’s third largest Micro Finance Institution (MFI). It serves over 250,000 clients - 86% of whom are women - and has a staff of almost 850. 

The history of Cambodia is scarred by conflict - it suffered heavily in the Vietnam War - and the unhinged tyranny of the Pol Pot regime. That it has recovered any semblance of normality is little short of a miracle. 

And it is organisations like AMK that have made this miracle happen on a daily basis. In particular, it has pioneered the highly-successful ‘solidarity group loan’ in which credit is provided to a group or an association. 

These ‘village banks’, as they are known, depend on local people cooperating and taking collective responsibility for any loans taken on. This allows for a more efficient use of the resource and ensures that its impact is maximised across the community 



Location: Cambodia

Website: http://www.amkcambodia.com/

"Denial of credit damages a community’s capacity to develop and grow – be it in Ireland or Cambodia. Different country, same problem. And now we have similar solutions."