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Sophoin
Mr. Sophoin Tep married in 1987. He has three children, one son and two daughters. He learned the skill of repairing motorbikes from his friend in Phnom Penh back in 1988. He began his business repairing motorbikes and selling motorbike spare parts in the village one year later. His spouse is at home and sells cooked food. Their eldest daughter is working at a garment factory in Pon-nhea Leu district. Other two children are studying in the local school.



Mr. Tep has borrowed money from MAXIMA three times already. Now he is requesting another loan in the amount of US$ 1,000. He will use this loan to purchase more motorbike spare parts for expanding his business.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • 3,961.7
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sophoin purchasing more motorbike spare parts for expanding his business.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 7, 2007
Listed
Nov 23, 2007
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009