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Sochea
Mr. Sochea has been married since 1979, and has 2 sons and a daughter. He has been in the business of driving a remork (a motor taxi with a carriage at the back) for more than 15 years. He drives workers from the village to a garment factory site. His wife raises pigs and cows. Neither Mr. Sochea nor his wife have finished primary school, and all of their children are currently working at the garment factory.
Mr. Sochea needs to borrow US$500 from MAXIMA to purchase a new carriage for his motor taxi and to buy a cow. With his remork and his wife's animal-raising business, Mr. Sochea will be able to repay the loan to MAXIMA.

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
  • 154
    View loans »
    Cambodia Loans Fundraising
  • $35,792,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sochea purchase of a new motor-taxi carriage and a baby cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 29, 2007
Listed
Jul 14, 2007
Currency Exchange Loss:
N/A
Ended:
Mar 19, 2008