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Sokhoeun
Sokhoeun (in the photo) has just finished his baccalaureate and he wants to continue his bachelor's degree at a Finance and Banking University. Hence, he has decided to apply for a loan to pay for his school fees.

Sokhoeun is 18 years old and single. He lives with his parents on an island of the Mekong River.

Additional Information

More information about this loan

This loan is part of Maxima's new higher education program designed to increase access to college degrees for students from low-income families. This is a new initiative for Maxima, developed with technical assistance from Vittana, another Kiva partner focused on student loans. By making education more affordable, this loan program is well-positioned to help young people lift themselves out of poverty and start creating change for their families and communities.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Sokhoeun to pay for his school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 9, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014