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Rith
Mr. Rith N., 27 and his wife Mrs. Chanry Thou, 30, live in a small village outside of Phnom Penh. They have been married for four years and have two children — one son and one daughter both still young. Rith is a construction worker and his wife works in a garment factory. They do not have transportation to get to work which costs them a lot of money for traveling, so Rith is asking for his first loan of $700 to purchase a motorcycle.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $36,216,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Rith to purchase a motorbike to get to work.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011