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Sophal
Sophal (in the photo with his loom), age 48, is a widower. He lives with his sister in a village on an Island of Mekong River, about fifteen kilometers from Phnom Penh City.

Sophal is a silk weaver. In addition, he also buys some silk fabrics from his fellow weavers and transports them to sell in other provinces. He is applying for a loan in the amount of $1,000 to purchase silk materials for his silk weaving business. He will use a part of the loan to buy more silk products for resale.

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
  • 134
    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 Sophal to purchase silk materials for his silk weaving business and to buy more silk products for resale.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 26, 2013