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Launh
Launh and his wife, Toch, are farmers. They grow rice and lotus. They are in the process of rebuilding the house they live in, but the house is not yet finished. Hence, Launh has asked for a loan of $1,000 to finish. He will also use a part of his loan to continue his farming business because it’s their main source of income.

Launh and his wife have been married since 1993 and have two children - a son and a daughter. One is a garment worker and the other is attending primary school. The family lives in a village approximately twenty kilometers from Phnom Penh city.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $36,211,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Launh to finish his home's construction.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 6, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 5, 2012