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Sim
Mr. Sim S., 58, and his wife, Mrs. Ret San, 54, who live along National Road number two about seventeen kilometers from Phnom Penh, were married in 1971 and have four children: three sons and one daughter. Two of their children are married and live outside the family home. One of the remaining works in a garment factory and the other is in a local school.

Mr. Sim has been a motor remoque taxi driver since 1982. Remoque is a motorcycle which has a trailer at the back. His wife stays at home to take of their children. Currently, Sim is in the process of creating another business: he wants to rent musical intstruments to his fellow villagers. He has requested this loan of US$500 to purchase musical instruments to rent.

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
  • 118
    View loans »
    Cambodia Loans Fundraising
  • $35,128,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Sim to purchase musical instruments to rent out to villagers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 4, 2008
Listed
Jun 20, 2008
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009