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Leng
Mr. Leng K. (in the photo), is 49 year-old and his wife, Mrs. Sarin Chea, is 49 year-old, have been married since 1980 and have seven children, one son and six daughters. Two of the children are garment factory workers. The other two assist their mother with the farming business and three children are in school. The family lives in a village along National Road Number One, about twenty kilometers from Phnom Penh City.

Leng is a chef. He cooks for wedding parties and other ceremonies. His wife is a farmer; she grows cauliflowers and green beans. In addition, Leng hopes to supplement their income with a new business by raising fish. He does not, however, have sufficient start-up capital. Therefore, he is applying for his first loan in the amount of $1,000 in order to launch the 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
  • 115
    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 Leng to use for raising fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 12, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2011