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Chantha
Chantha is 38 years old, and his wife, Phala, is 33 years old. They live in a small village about 20 kilometers from Phnom Penh City. They have three children - two sons and one daughter. One is in school and the other two are still too young.

Chantha has one set of musical instruments usually called Thong Bas in Khmer. The people in the countryside prefer to rent Thong Bas to entertain and dance in weddings, some religious ceremonies, and, especially, during the Khmer New Year.

Besides his business of renting out Thong Bas to his villagers, Chantha also built a water storage tower and has distributed water to houses in the neighborhood. He runs a private water utility service. His wife is a garment worker.

Chantha is now in the process of building his kitchen (pictured), but the kitchen is not finished yet. Hence, he decided to request a loan to finish it.

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
  • 101
    View loans »
    Cambodia Loans Fundraising
  • $35,518,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chantha to finish his kitchen.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 3, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2014