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Hou
Mrs. Hou L., 53, and her husband, Mr. Ny Choem, 54, were married in 1972. They have six sons and four daughters. Four of their children are married and live outside the family home, three are garment-factory workers and the other children attend school. Hou was not in the photo, but her husband was available instead.

Hou used to be a silk weaver, but she quit the business and runs a new business selling vegetables in the local market. Her husband is a fisherman and wooden-house repairer. They can not manage on his income to support the family. Because their motorbike is old, it costs her a lot of money to make repairs. Thus Hou is applying for a loan of $500 to add to her own money to purchase a new motorcycle to replace the old one.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Hou to add to her own money to purchase a new motorbike to replace the old one.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 19, 2010
Listed
Jan 24, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010