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Soem
Soem and her husband, Phun (pictured together), live in a small village about twenty kilometers from Phnom Penh City. They are fishermen who also earn money by repairing fishing nets. The elderly couple has been married for over twenty years and has two daughters who are garment workers.

Soem has applied for this loan because she wants to remodel their house by installing a concrete foundation.

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
  • 247
    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 $1,200 helped Soem to remodel the house by installing a concrete foundation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 26, 2013