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Laiheang
Laiheang (pictured here), age 19, is single. She lives with her sister and widowed mother in a suburb of Phnom Penh.

Laiheang is applying for her first Kiva loan in the amount of $400 to pay for her school fees. She has finished her first semester of the first year of her accounting institute in Phnom Penh and she will continue her second semester of the first year soon.

She will use money from the loan to pay for second semester of first year and first semester of second year.

Additional Information

More information about this loan

This loan is part of Maxima's new higher education program designed to increase access to college degrees for students from low-income families. This is a new initiative for Maxima, developed with technical assistance from Vittana, another Kiva partner focused on student loans. By making education more affordable, this loan program is well-positioned to help young people lift themselves out of poverty and start creating change for their families and communities.

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
  • 309
    View loans »
    Cambodia Loans Fundraising
  • $37,561,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Laiheang to pay for her school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013