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Leng
Leng C. is widowed with five children. She is currently living with her son and two married children in the same house. Mrs. C. learned to weave from her neighbor 5 years ago and currently weaves silk products at home with her two daughters. She has continued training her daughters and grandchildren to weave the silk. The family is pursuing a silk-production business. Mrs. C. has borrowed loans from MAXIMA for to buy silk materials and sewing thread for the looms of herself and her daughters. With these loans and increased business, her family's situation has improved. With her expanded business, she will not only repay this new loan but also build another loom for her daughter, who just got married. She is committed to transfering her knowledge to her family's younger generation to continue the business.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Leng to purchase silk materials and sewing thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 19, 2007
Listed
Jun 5, 2007
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2008