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Sitha
Mr. Sitha S. and his wife, Mrs. Sokvanna Phauk (pictured together), live along National Road Number One about eighteen kilometers from Phnom Penh. They were married in 1990 and have three children, two sons and one daughter. Two of them attend school and another one is still young.

Sitha has been a hairdresser for more than eighteen years. He operates his shop in Kor Ky market. His first loan has just been finished. He hopes to organize the house where he lives become neater, so he is asking for his second loan of $1,000 to fill up the land and put an addition on 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
  • 320
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sitha home improvement.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011