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Sinet
Mr. Sinet C., 35, and his wife, Mrs. Savoeun Neang, 36, have been married since 1990 and have three children: two sons and one daughter. They are pictured together above. They are living along national road number one approximately 20 kilometers from Phnom Penh City.

Sinet has been driving a motor remoque taxi for six years, and his wife is a garment factory worker. A remoque is a motorcycle with a trailer attached at the back that is used to carry goods and people. Unhappily, his remoque is old and breaks down. It has disrupted his business, and he spends a lot of money to repair it very often. Hence, Sinet is asking for his first loan of $1,200 to buy a new remoque.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sinet to buy a new motorbike and trailer.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2010
Listed
Sep 2, 2010
Currency Exchange Loss:
N/A
Ended:
May 17, 2014