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Borin
Mr. Borin P., 37, and his wife, Mrs. It Oem, 32, have been married since 2000. They have three children, one son and two daughters, all of whom are still young. The family lives in a small village along National Road Number One about 15 kilometers from Phnom Penh City.

Borin has been farming for 10 years, while his wife has been selling fish for 10 years. The house where the family lives is old and is in need of repair. Therefore, Borin is requesting his first loan of $500 to purchase wooden materials to renovate his house.

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
  • 313
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Borin to purchase wooden materials to renovate his house.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 19, 2010