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Peng
Mr. Peng N. married in 1983 and has 6 children, three sons and 3 daughters. He is a farmer. He began his farming business in 1979. His wife, Mrs. Sorn Chan is planting and selling flowers in the village. Three of their children are currently working in a garment factory in Pon-nhea Leu district and the other three are studying in high school. They hope to expand their business activities so that they can afford to send their children to pursue higher education.


Mr. Peng N. is requesting a loan from MAXIMA for the third time in the amount of US$ 1,000. He will use the borrowed money to buy 2 two cows for his farming 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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,919,225
    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 Peng buying 2 cows to use to plow the fields for growing rice.
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