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Sopheap
Sopheap S. has been married for 28 years and has six children. She learned to weave silk from her mother when she was 25 years old. Her husband, Mr. KUM Sambath, is a mason--he learned construction from the previous generation in the same village. One of the children is working as a security guard in Phnom Penh. Three other children are producing silks in their mother 's house. Another child looks after cows for the family amd the yougest son is studying at school in the village. Sopheap would like a loan of $800 to expand her family's existing silk production by purchasing silk materials and sewing thread, which costs about $325. She will use the rest of the loan to repare the house. Assessing her hard-working family's business activities, we are sure that she has the capacity to repay the loan.

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
  • 270
    View loans »
    Cambodia Loans Fundraising
  • $37,502,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Sopheap to purchase silk materials, sewing thread and to rennovate the house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 18, 2007
Listed
Jun 4, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 16, 2008