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Kak
Mr. Kak L., 25, and his wife, Mrs. Pheakdey Chhoun, 25, have been married since 2002. They have one daughter, who is two years old. Kak and his family live along National Road Number Five, about twenty-five kilometers from Phnom Penh. Pheakdey is working in a garment factory in Pon-Nhea Loe district. Kak is a motorbike taxi driver. He uses his motorbike to carry garment workers from his village to the garment factory, and also to carry people and goods from his village to Phnom Penh.


Kak is requesting this, his third loan from MAXIMA, in the amount of $700. He will use this money buy a new motorbike (second hand) for his taxi.

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
  • 200
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Kak to purchase a motorbike taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 25, 2008
Listed
Jan 11, 2008
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2009