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Mom
Mrs. Mom N. (pictured above) and her husband, Mr. Savat Miech, live about seventeen kilometers from Phnom Penh and have been married for 27 years. The couple has three sons; one is a tailor, another son attends University, and another one stays at home.

Mom has been operating a grocery store for more than two years. She buys products from Koki market and re-sells them from her house, with her husband's assistance.

Mom’s son finished his baccalaureate and continues his study at University in Phnom Penh. She hopes to support her son's further education so he will find a good job when he finishes his studying. Mom is therefore requesting her second loan of $700 to pay school fees for her son as well as purchasing additional stock (grocery items) for 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 Cambodia

  • $2,600
    Average annual income
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $36,965,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Mom to pay school fees for her son and purchase stock for grocery business.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
May 4, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012