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Soeun
Mr. Soeun S., 60, and his wife, Mrs. Loeung Nget, 58, live in a small village off of National Road Two about eighteen kilometers south of Phnom Penh. They were married in 1980 and have nine children: four sons and five daughters. Three of their children are married and live outside the family home. Four children are garment factory workers, and the other two children study in a local school.



Soeun has been a motorbike repairer for fifteen years. He runs his business from his shop in the village, while his wife raises pigs at home. Everyday many customers come to his shop, and he needs to buy more spare parts to serve them, but lacks the money. Therefore, Soeun is requesting a loan of US$500 to purchase motorbike spare parts for his business and to buy piglets for his wife to raise at home.

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
  • 109
    View loans »
    Cambodia Loans Fundraising
  • $35,452,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Soeun to purchase motorbike spare parts for resale and to buy piglets to raise.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 1, 2008
Listed
Sep 17, 2008
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010