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Savoeun
Mrs. Savoeun V., age 44, is a widow with one son and two daughters (shown in the picture with her daughter). Two children are in school and the other one weaves silk at home. The family lives in a small village across the Mekong River, about 15 kilometers from Phnom Penh.

Savoeun has been a silk weaver for over 10 years. She sells her finished products to a middle man in the village who then takes them to sell in the market in Phnom Penh. She hopes to set up one more loom for her daughter, which would help her to earn more income. Savoeun is requesting a loan of $600 USD to purchase silk material for her weaving business and to set up one more loom.

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
  • 261
    View loans »
    Cambodia Loans Fundraising
  • $37,524,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Savoeun to purchase silk materials and a loom.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2009
Listed
Jul 7, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010