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Sophorn
Mr. Sophal U., 35, and his wife, Mrs. Ny Khen, 39, live along national road number one about eighteen kilometers from Phnom Penh. They were married in 1994 and have two daughters who are in school.

Mr. Sophal has been a mason since 1995. He does his work in the village and a near by province, while his wife stays at home to care for the children. The couple is repairing their house, and Sophal is requesting a loan of $1200 to repair his house and buy construction material to expand his 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 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
  • 113
    View loans »
    Cambodia Loans Fundraising
  • $36,560,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sophorn to repair his house and buy construction materials.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2008
Listed
Jul 17, 2008
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010