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Rady
Mrs. Rady S. (in the photo), 46 years old, and her husband, Mr. Vannak Monh, 47 years old, live in a village along National Road Number Two about 17 kilometers from Phnom Penh. They have been married since 1984 and have seven children - three sons and four daughters. One is married, another one is a garment factory worker and five attend school.

Rady is hired by manufacturers in her village to recycle. Her husband is a construction worker. She is asking for her first loan of $1,200 to dig a well for family use, to fill up the land of her house's foundation and to purchase a motorbike for her daughter to get to work.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 264
    View loans »
    Cambodia Loans Fundraising
  • $37,494,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rady to dig a well for family use, to fill up the land of her house's foundation and to purchase a motorbike for her daughter to get to work.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2010
Listed
Jan 2, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012