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Seng
Seng (pictured with her loom), age 44, is a weaver. Her husband Nao, age 48, is a construction worker and raises cattle at home. Besides the business, the couple also grows sesame and beans when farming season comes. They live in a village near the Mekong River about 20 kilometers from Phnom Penh City and they have six children, five sons and one daughter. One is a garment worker, three attend school and other two are still too young.

Seng is applying for her first loan in the amount of $500 to purchase weaving materials for her weaving business and to buy seeds, fertilizer and pesticide to maintain her sesame and bean farm.

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
  • 307
    View loans »
    Cambodia Loans Fundraising
  • $37,564,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Seng to purchase weaving materials for her weaving business and to buy seeds, fertilizer and pesticide to maintain her sesame and bean farm.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
May 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 24, 2013