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Torn
Mrs. Torn L. (49) is a widow with five adopted children: three sons and two daughters. One of her daughters works in a restaurant, and the other one is a silk weaver. One of her sons is a ferryboat worker, the second is a monk, and the third studies in a local school. All of her children also help her in the farming business. Torn and her children live in a small village across the Mekong River about twenty kilometers north of Phnom Penh.


Mrs. Torn has been a silk weaver for thirty years. She sells her finished products to the middle man in the village, who then takes it to sell in Phnom Penh. Besides her weaving business, she grows rice as well. She needs the money to continue her existing business and repair the broken part of her house.


She is requesting a loan of US$1200 to purchase silk materials for weaving and to purchase rice seeds and fertilizer for growing rice. The remainder of the money she will use to repair her house.

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
  • $35,122,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Torn to purchase silk materials for weaving, grow rice and repair part of her house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 6, 2008
Listed
Aug 22, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010