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Veasna
Mr. Veasna C. (in the photo) is 32 years-old and his wife, Mrs. Sotom Soem is 35 years-old. They have married since 1999 and have two young sons. The family lives in a small village along National Road number five approximately 20 kilometers from Phnom Penh City.

Veasna is a garment factory worker. His wife sells "sluch" or shaved ice dessert and cake in her village. He hopes to build a new house to live in, but he does not have money. Therefore, he is asking for his first loan of $1,000 to use for this purpose.

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
  • 234
    View loans »
    Cambodia Loans Fundraising
  • $37,058,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Veasna to build a new house to live in.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2011
Listed
Mar 9, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012