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Sokmean
Sokmean (in the photo) is 32 years old and lives about 25 kilometers from Phnom Penh City. He has been married since 2003 and has just one young son. His wife is a garment worker.
Sokmean’s business is in renting out musical instrument sets (in Khmer it's Ork Kes) such as microphones, speakers, guitars, or drums. People prefer to rent Ork Kes to entertain at religious ceremonies and weddings.
Sokmean is applying for a loan to buy four more speakers.

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
  • 87
    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 $1,300 helped Sokmean to buy four more speakers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014