Check out some available loans that are similar to this one!
Meah
Meach (in the photo) is 48 years old, and her husband, Thay, is 60 years old. They live in a village across the Mekong River about 17 kilometers from Phnom Penh. They have five children: four sons and one daughter. Two of the children are garment workers, one has full-time employment, one is a weaver and another one attends school.

Meach and her husband sell nets and finished silk and cotton products. They buy them from the weavers in the village and transport them to sell in other provinces away from their house.

The couple faces some problems and spends lots of money for traveling costs because they have to transport nets and silk and cotton products and a bicycle via taxi. When they arrive in the provinces, they use the bicycle to carry nets and silk and cotton products for sale.

Facing this, Meach is asking for her first loan of $1,000 in order to buy a motorbike. She will use the motorbike to carry nets and silk and cotton products to sell in provinces directly, not via taxi anymore.

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
  • 202
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Meah to purchase a motorbike to carry nets and finished silk and cotton products for sale.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 18, 2011
Currency Exchange Loss:
N/A
Ended:
May 23, 2013