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Sokhom
Mrs. Sokhom T. (pictured here), aged 57, lives about fifteen kilometers from Phnom Penh City. She has nine children: seven sons and two daughters. Two of them are married and live outside the family home, three have full-time employment in Phnom Penh, two attend school and the other two assist their parents in the business.

Sokhom and her husband have been selling fruit for 20 years. Because the house where they live is damaged in some parts, Sokhom is asking for a first loan of $1,000 to repair her house. She also plans to use a part of her loan to expand her business.

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
  • 66
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sokhom to repair her house.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Jan 25, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011