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Chinda
Mrs. Chinda P. (in the photo) and her husband, Mr. Socheat Chab, live along the National Road Number One, about 17 kilometers from Phnom Penh City. They have been married since 2003 and have two children--one son and one daughter. Both of them are still young. Besides her children, Mrs. Chinda P. also has her mother who is a lotus farmer living with her.

In the past, Chinda used to sell fruit and her husband used to be a mason. Now the couple are security guards. The house where they live is broken down in some parts, so it’s difficult for family members to stay there. Hence Chinda is applying for a loan of US$ 1,200 to repair her house; any remainder of the loan will be used to provide capital for her mother’s farming 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 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
  • 195
    View loans »
    Cambodia Loans Fundraising
  • $36,978,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Chinda to repair the house where she lives and provide capital for her mother’s farming business.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011