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Nopal
Mrs. Nopal M. is 49 years old and her husband, Mr. Salas Ly, is 55 years old. THey have been married since 1980 and have five children: one son and four daughters. They live along National Road number five about 35 kilometers from Phnom Penh.

Nopal sells water pans, knives, cutting boards, ladles and spoons at the market. Her husband sells silk fabric, which he buys in Phnom Penh and transports to sell in other districts far from home.

Nopal is applying for her first loan of $1,000 to purchase a motorbike for her husband to carry silk fabric for resale. Because he does not have his own transportation, he currently spends a lot of money on travel expenses.

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
  • $36,587,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nopal to purchase a motorbike to transport goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011