Samoe Krem

Thank you for your loan. It has been disbursed to Samoe Krem by MAXIMA Mikroheranhvatho Co., Ltd. in Cambodia. We are excited to watch this business grow. Over the next 12 months, MAXIMA Mikroheranhvatho Co., Ltd. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Mrs. Samoe began her farming after she got married and when finished farming she weaves silk at home as well. In November, 2007 Samoe asked for a loan of $1,000 to purchase seeds and rent more land to expand her vegetable plantation.

This year Samoe started farming early and on time because she has enough cash in hand to do it and she could afford to buy seeds in a suitable price. The productivities, on the other hand, are better than last year and she can increase the selling price which leads to high profit margin.

If we compare the living condition before and now, we will find a differentiate change in a positive way. Now, Samoe has money to buy food especially rice to eat a year round, and support the children to school. Further more, after paying the principal and interest monthly she has some money left in her pocket to save for the future uses as well.

Mrs. Samoe has paid off the loan. She is happy because could earn much more profit after she was funded from loan. At the end, on behalf of Samoe, I would like to say thank you to all the lenders and I hope you are all will support her in the next loan cycle.