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Malin
Mrs. Malin K., 26, and her husband, Mr. Sopheap Sek, 29, live on an island in the Mekong River about fifteen kilometers from Phnom Penh. They were married in 2002 and have three children; one is in school and the other two stay at home.

Mrs. Malin has been a cleaner for over five years at a restaurant in Phnom Penh, while Mr. Sopheap has been a security guard for over five years at a restaurant in Phnom Penh as well. Both of them travel to work on their old motorbike. Now they need to buy a new motorbike to replace the old one.

So, Malin is requesting a loan of US$500 to add to her own money for purchasing a new motorbike to drive 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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Malin for purchasing a motorbike to drive to work.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 23, 2008
Listed
Jun 9, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009