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Chenda
Mr. Chenda C., age 47, and his wife, Mrs. Kan Pov, age 48, have been married since 1981. They have three sons and six daughters. One of their children was married and lives outside the family home, one son is a soldier and other three children work in garment factory. The family lives approximately fifteen kilometers from Phnom Penh.

Chenda has been driving motor taxi for 15 years. His wife stays at home and does housework. The couple is in the process of building new house to stay, but they lack money to finish it. So, Chenda is requesting his first loan of $500 to make the finishes.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Chenda to finish his house’s building.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2009
Listed
Sep 10, 2009
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010