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Lay
Mrs. U. Lay was married in 1983 and has five children, three sons and two daughters. She learned to weave silk from her mother in 1980. She began her silk weaving business in the same year. She has finished primary school. Her husband, Mr. Uth Thorn, is working at the AKIMEX Company as chief of the warehouse. He has finished high school.


She has borrowed money from MAXIMA five times already. Now she is asking a loan in the amount of $500. She will use this loan to purchase silk materials and fees for selecting and preparing silk on the loom.

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
  • 141
    View loans »
    Cambodia Loans Fundraising
  • $35,084,000
    Funds lent in using Kiva
  • 3,959.4
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lay purchasing silk materials and fees for selecting and preparing silk on the loom.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 8, 2007
Listed
Nov 24, 2007
Currency Exchange Loss:
Covered
Ended:
Sep 11, 2008