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Keang
Mrs. Keang S.,39, and her husband, Mr. Mengtich Ly, 49, who live in a small village about seventeen kilometers south of Phnom Penh, married in 1990 and have four children: two sons and two daughters. Three of them are in local school.



Mrs. Keang has been selling vegetables for two years. She buys them from Ta Khmao market for re-sale at the market in Phnom Penh. Her husband has been a motor taxi driver for fifteen years. His motorcycle scooter is very old and breaks down very often.



So, Keang is requesting a loan of US$ 1200 to purchase a new motorcycle to replace the old one for her husband to drive as a motor taxi and to expand her 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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $36,192,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Keang to purchase a new motorbike for running a motor taxi and expand business of selling vegetables.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 7, 2008
Listed
Jul 28, 2008
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010