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Somreang
Somreang is a weaver. She is a widow with five sons and two daughters. Three are married, one is a motorcycle repairman, one sells grocery items, one is a weaver, and one is a garment factory worker. They live on an island in the Mekong River, about fifteen kilometers from Phnom Penh.

Somreang has asked for a Kiva loan to help with her daughter’s grocery store by purchasing more grocery items. She wants to continue expanding her grocery store.

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
  • 130
    View loans »
    Cambodia Loans Fundraising
  • $36,160,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Somreang to invest in her daughter's business by purchasing more grocery items for resale.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 24, 2013