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Sophal
Mrs. Sophal U., 36, and her husband, Chanthoeun Noy, have been married since 1990. They have five children: two sons and three daughters. Two of their children are studying in the local school, and one of Sophal’s daughters is helping her weave silk at home. Sophal and her family live on an island of the Mekong River about twenty kilometers from Phnom Penh. Sophal has been a silk weaver since she was 16 years old. It's a skill she learned from her neighbor. Her husband is a fisherman and also does farming. He also helps Sophal weave silk when he has free time.


Sophal is requesting her seventh loan from MAXIMA in the amount of $400. She will use this loan to purchase silk materials to continue her silk production and set up a new loom for her daughter. As Sophal has successfully repaid previous loans, we feel sure she will repay this new loan as well.

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
  • $36,158,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Sophal to buy silk materials and prepare loom.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 1, 2008
Listed
Dec 17, 2007
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009