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Soknak
Mrs. Soknak N. is a widow with two sons and a daughter. She lives on an island in the Mekong River, about fifteen kilometers from Phnom Penh City. Mrs. Soknak N. is a silk weaver. She also buys silk products from weavers in her village and transports them to sell in another province far from her house. She is asking for a loan of $800 to continue her business by purchasing silk and cotton fabrics to sell and to replace an old untrustworthy motorbike.

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
  • 242
    View loans »
    Cambodia Loans Fundraising
  • $37,071,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Soknak to purchase cotton and silk fabrics and to purchase a motorbike.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Oct 4, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011