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Dara
Dara, 29, is single. He lives with his mother, brother, and sister in a village across from the Mekong River, about 20 kilometers from Phnom Penh.
Dara buys and sells cotton and silk fabric. His mother is a weaver.

Dara wants to renovate his house because it is small and old. Therefore, he is applying for this loan.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 127
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Dara to renovate his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014