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Chengly
Mrs. Chengly M., who is fifty-nine years old, and her husband, Mr. Son Tit, age fifty-eight, were married in 1975 and have five children: three sons and two daughters. One of her sons is married and lives outside the family home. The family lives along national road number one about twenty kilometers from Phnom Penh, the capital city of Cambodia.

Chengly and her husband have been raising pigs for thirty years. The couple wants to create another business producing rice wine, but they don’t have the necessary capital. So Chengly is asking for her first loan to start the production of rice wine and to buy more piglets to raise.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chengly to start producing rice wine and purchase more piglets to raise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 9, 2009
Listed
Jun 11, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010