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Tit
Mr. Tit K. is 33 and his wife, Mrs. Chantha Ly (pictured with him), is 30. They have been married for ten years and have four children: two sons and two daughters. Two of them are in school and the other two are still young. The family lives along National Road Number One, about 15 kilometers from Phnom Penh City.

Tit and his wife have been farming for seven years. They grow vegetables on their farmland in the village. Tit does not have enough capital to purchase seed, fertilizer and pesticide to maintain his vegetable farm. That is why he is asking for his first loan of $1,000 to make these purchases. He will also use a part of the loan to buy a water pumping machine to spray his vegetable farm.

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
  • 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 Tit to purchase seed, fertilizer, pesticide and a water pumping machine.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2010
Listed
May 12, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011