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Sinang
Mr. Sinang C., 30, and his wife, Mrs. Sreypov Chhoy, 32, live along National Road Number Six, about 18 kilometers from Phnom Penh City. They have been married since 2003 and have three children: one son and two daughters. All of them are still young.

Sinang has been a truck driver for two years. His wife stays at home and does housework. He is in the process of building a new house, but he lacks some money to finish it. Therefore, he is asking for his first loan of $1,000 to add to his own money to finish his house building.

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
  • 187
    View loans »
    Cambodia Loans Fundraising
  • $37,012,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sinang to add to his own money to finish his house building.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 17, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011