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Sokkea
Mrs. Sokkea P. (shown in the picture with her husband and the land to build their house), age 28, and her husband, Mr. Visal Nub, age 28, who live in Ta Khmao district about 15 kilometers from Phnom Penh, were married in 2005 and have 1 son.



Mrs. Sokkea has been a garment-factory worker for 8 years. Mr. Visal has been a garment-factory worker for almost 4 years as well. Currently, Mrs. Sokkea and her husband live with her parents. Now the couple wants to build their own house but lack some money. So Mrs. Sokkea is requesting a loan of US$800 to build a new house for her family.

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
  • $35,128,175
    Funds lent in using Kiva
  • 4,016.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Sokkea to build a new house for her family.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 2, 2008
Listed
Jun 18, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010