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Lorn
Mr. Lorn L. (61) and his wife, Mrs. Hauly Thaung (56) who live along Tonle Basac River about fifteen kilometers from Phnom Penh, were married in 1979 and have three children: one son and two daughters. Two of their children are married and live outside the family home and the youngest son is construction worker.


Mr. Lorn has been a mason and wooden house builder for fifteen years. His wife is not employed, and instead stays at home to do housework. Currently, Lorn's construction materials are old and broken so he needs to buy new materials to replace the old equipment. Therefore, Lorn is requesting a loan of $1000 to purchase some new tools for his business. He will use the rest of the money to help his daughter with her grocery 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
  • 84
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lorn to purchase tools and grocery items.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 23, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010