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Kunthea
Kunthea (in the photo) is a weaver, and lives on an island of the Mekong River about 15 kilometers from Phnom Penh.

Her husband is a musician. He wants to supplement with a new business, driving a moto kangbei. In the past, these were commonly known as "tuk tuks" (a three-wheeled motorcycle taxi), but they are now officially called "moto kangbei" by government authorities.

With the new business, Kunthea’s husband will earn extra income to better support his standard of living. Hence, Kunthea decided to apply for a loan to buy a kangbei for her husband.

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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 293
    View loans »
    Cambodia Loans Fundraising
  • $37,544,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kunthea to buy a kangbei (a three-wheeled motorcycle taxi) for her husband.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014