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Thach
Mrs. Thach O. (in the photo) is a widow with seven children: three sons and four daughters. Four of them are married; two live in separate homes. One is a tailor and the other two stay at home. They are living on an island of the Mekong River about 15 kilometers from Phnom Penh, the capital of Cambodia.

Thach has been a silk weaver since she was 18 years old. She sells her finished products to a middleman, who then takes them to sell in Phnom Penh market or other places. Thach does not have capital to purchase silk materials for her silk-weaving business and that’s why she is asking for a loan in the amount of $1,000. She also will use a part of her loan to build a tailoring shop for her daughter, who is a tailor.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Thach to purchase silk materials for her weaving business and build a tailoring shop for her daughter.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2010
Listed
Jul 16, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012