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Sophal
Mrs. Sophea K., 21, and her husband, Mr. Saran Chheang, 24, live on an Island of MeK. River about fifteen kilometers from Phnom Penh. They were married in 2004 and have two sons.


Mrs. Sophea has been a silk weaver since she was sixteen years old, a skill she learned from her mother, while Mr. Saran has been a silk weaver since he was married. The couple sells their finished products to the middleman in the village, who then takes them to sell in Phnom Penh.


Sophea is requesting a loan of $500 to purchase silk materials for 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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,019,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Sophal to purchase silk material for weaving.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 12, 2008
Listed
Jul 29, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010