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Savan
Mrs. Savan S. (in the picture with her daughter), 46, is a widow with two daughters. One of her daughters is married and lives outside the family home and another one is assisting her with the vegetable-selling business. Savan also has an old mother who is living with her. The family lives along national road number one about 20 kilometers from Phnom Penh, the capital city of Cambodia.


Savan has been selling vegetables for 21 years. She buys them from the villagers for resale at a market in Phnom Penh. She has only one shop for selling vegetables. She hopes to expand her business to become bigger and bigger, therefore she is asking for her first loan of $1,200 to purchase one more shop for her daughter and to purchase vegetables on contract for resale.

Additional Information

About MAXIMA

MAXIMA Mikroheranhvatho is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.

About Cambodia

  • $2,600
    Average annual income
  • 140
    View loans »
    Cambodia Loans Fundraising
  • $36,604,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Savan to purchase one shop for selling vegetables.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2009
Listed
Apr 13, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010