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Veasna
Mrs. Veasna H., 49, and her husband, Mr. Yorn Phai, live on an Island in the Mekong River, about 15 kilometers from Phnom Penh. They were married in 1979 and have seven children, three sons and four daughters. One of the daughters is married and lives outside the family home, while the other three weave silk at home. All of their sons attend a local school.

Mrs. Veasna has been a silk weaver since she was young, a skill she learned from her mother. Mr. Yorn is also a silk weaver. They sell their finished products to the middleman in the village, who then takes their material to sell in Phnom Penh. They have three looms in the family's weaving business.

Mrs. Veasna is requesting a loan of US$1,000 to purchase silk thread to continue her weaving business.

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
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $35,929,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Veasna to purchase silk thread for weaving.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 12, 2008
Listed
Jun 28, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010