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Sarun
Mr. Sarun Chorn, 51, and his wife, Mrs. Saron Chem (shown in the picture) were married in 1977. They have nine children--three sons and six daughters. Three of the children are married and live outside the family home. The other six children live at home. Four of the children are in school and the other two are garment factory workers. The family lives along National Road number five about 15 kilometers from Phnom Penh. (Note: Mr.Sarun is not in the picture because he was busy teaching at school. His wife appears in the picture instead.)


Mr. Sarun has been a primary school principal for many years while his wife stays at home take care of the children. He started teaching when he finished with his studies.


Mr. Sarun is requesting a loan of $1200 to fill in the land around his house.

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $35,859,500
    Funds lent in using Kiva
  • 4,016.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sarun to fill in the land around the house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 6, 2008
Listed
Jun 27, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010