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La
Mrs. La B., age 30, and her husband, Mr. Soksan Mork, age 30, were married in 2003 and have a three-year-old son. The family lives in a small village off of National Road Number Two, about fifteen kilometers from Phnom Penh.

The main source of income is from her husband’s work as a security guard. La used to be a garment factory worker, but she now stays at home to take care of her son. La’s husband hopes to supplement his existing business by driving a motor taxi. With this new business he will be able to generate additional income to support his family. La is applying for her first loan of $400 to purchase a motorcycle for her husband.

Shown in the photo is La in her house and is anticipating that her loan will be granted so she can purchase a motorcycle for her husband to start a motor taxi 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
  • 85
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped La to purchase a motorbike for her husband to start a motor taxi business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2009
Listed
Sep 10, 2009
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010