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Korn
Mr. K. Korn was married in 1969 and has 4 children, 3 sons and one daughter. He has been in the business of fishing since 1979. He started fishing in 1970, which he learned from his older generation. His eldest son assists him with his fishing business. One of his sons and a daughter work at the garment factory, while the youngest son is studying. His wife works growing rice.

He has borrowed money from MAXIMA five times already. Now, he is requesting a loan in the amount of $1,200. He will use this loan to purchase farm machinery and an ox cart in order to expand the family rice production.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $35,861,050
    Funds lent in using Kiva
  • 3,998.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Korn to purchase farm machinery and an ox cart.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 22, 2007
Listed
Nov 7, 2007
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009