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Rith
Mrs. Rith P. married in 1993 and has three sons. She learned to weave silk from her neighbor back in 1988. However, she began her weaving business at home in 2002. Her husband, Mr. Chea Vuthy is a blacksmith. He is currently in business welding metal in Phnom Penh city. He does not get to go home very often. He started this metal welding in 1985. With these businesses, all of their children are being sent to local schools. They expect to send their three sons to pursue higher education.



Mrs. P. has borrowed money from MAXIMA four times already. Now she is requesting a loan in the amount of US$ 500. She will use this loan to purchase silk materials, sewing thread, and some of it will be used to buy a welding air cylinder.

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
  • 65
    View loans »
    Cambodia Loans Fundraising
  • $35,048,100
    Funds lent in using Kiva
  • 3,961.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rith purchasing silk materials, sewing thread, and buying metal-welding air cylinder.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 7, 2007
Listed
Nov 23, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 11, 2008