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Simean
Mr. Simean C., 48 and his wife, Mrs. Chantha Soy, 41, have been married since 1988. They have six children: three sons and three daughters. Three of them are married and are garment factory workers, two attend school, and another one stays at home. The family lives in a Phnom Penh suburb. Simean was not in the photo, his wife is available instead.

Simean is a construction worker. His wife stays at home and does housework. He is in the process of building a new house, but it is not finished yet. So, he is requesting his first loan of $500 to finish building 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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Simean to finish building the house where he lives.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
N/A
Ended:
May 19, 2011