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Damy
Damy (in the photo) is 43 years old and lives on an island in the Mekong River. He has been married since 2000 and has one son who attends school. His wife sells fast food and Chinese noodle with soup in the village where they live.

Damy sells mangoes. He buys mangoes from his fellow villagers under contract, from the blooming season till the harvesting season comes. This means that he pays money before the harvesting season and then he collects the mangoes to sell. He needs to use pesticide to prevent the mangoes from insect damage.

Hence Damy has asked for a loan to purchase more mangoes under contract for resale and buy pesticide to prevent mangoes from insect damage.

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
  • 98
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Damy to purchase more mangoes under contract for resale and buy pesticide to prevent mangoes from insect damage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Jan 2, 2014
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014