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Sarak
Sarak (in the photo) and her husband, Sokhon, are garment workers. In the past, Sarak’s husband was a bicycle and motorbike repairman. But, his business struggled a bit because his customers were paying for their repairing fees through credit, which caused him to not be able to manage the income to operate his business. Facing this, he decided to quit his business.

The couple has been married since 2007 and they have two sons - one attends school and the other is still young. They live in a village about twenty kilometers from Phnom Penh City.

Sarak is asking for a loan in the amount of $1,000 to purchase a motorcycle to get to work.

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
  • 214
    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 Sarak to buy a motorbike to get to work.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 20, 2012