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Sotheary
Sotheary (in the photo) and her husband are teachers. Besides teaching, she also weaves silk at home when she is not at school, and her husband raises cows and grows rice. The couple has been marred since 2006 and have two sons: one attends school and another one is still young. They live across the Mekong River about fifteen kilometers from Phnom Penh, the capital city of Cambodia.

Sotheary is asking for a Kiva loan of $1,300 to continue her silk weaving business by buying silk material, and also to dig a well. She will also use a part of the loan to assist in her husband’s rice farm by buying seed, fertilizer and pesticide.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,436,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Sotheary to purchase silk materials for her silk weaving business and dig a well.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2014