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Chhum
Mr. C. Chhum has been driving a motor taxi for three months. Mrs. Sopheak Cheav has been selling mangoes for six years. C. is applying for his first loan of $1,000 to help finance his wife's purchase of mangoes on contract. The loan will also be used to buy pesticides to protect the mangoes from insects.


Mr. C. Chhum, age 36, and his wife, Mrs. Sopheak Cheav, age 34, live along National Road Number One, approximately 20 kilometers from Phnom Penh City. They were married in 1995 and have three children: one son and two daughters. Two children attend school and the other one is still too young. The couple hopes to support their children's further education.

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
  • 185
    View loans »
    Cambodia Loans Fundraising
  • $35,963,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chhum to purchase mangoes on contract for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Aug 4, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010