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Son
Mrs. Son L., age 54, is a widow with three children: one son and two daughters. Two of them are married, one living in a separate home and the other one living in the family home. Another daughter assists her mother in the business. They live in a small village aL. National Road Number 2, about 20 kilometers from Phnom Penh.

Son has been selling Cambodian cakes for five years. She buys ingredients from the market to make cakes by herself and sells them in her village.

Son hopes to supplement her income with another business raising cows; she will get more income from selling cows after they grow big enough. Therefore, she is requesting her first loan of $500 to purchase cows to raise. She will also use a part of her loan to buy sweet rice for producing Cambodian cakes to sell.

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
  • 205
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Son to purchase cows to raise and to buy sweet rice.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 8, 2009
Listed
Nov 8, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010