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Loeng
Mrs. Loeng T. (pictured here) sells ansorm (a kind of Cambodian cake made of rice paste and wrapped in banana leaves) in her village. She has been married since 2006. Her husband, Mr. Phalla Chan, is a construction worker. They live in a small village along National Road Number 5 about 20 kilometers from Phnom Penh and have six children: three sons and three daughters.

In addition, the couple also grows rice. Loeng asked for a Kiva loan one time already; she now is asking for her second loan of $1,200 to purchase a motorcycle for commuting and she will also use a part of her loan to continue her 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
  • 197
    View loans »
    Cambodia Loans Fundraising
  • $36,972,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Loeng to purchase a motorcycle for commuting and to use for growing rice.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2010
Listed
Dec 5, 2010
Currency Exchange Loss:
N/A
Ended:
May 15, 2012