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Sokchan
Sokchan is a horse-drawn-cart driver and his wife is a garment worker. They live on an island on the Mekong River about fifteen kilometers from Phnom Penh City with their young son.

Sokchan gets paid to carry land with his own horse-drawn-cart. In addition, he also raises cows and goats. He wants to purchase another horse to support his business.

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
  • 310
    View loans »
    Cambodia Loans Fundraising
  • $37,579,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sokchan to purchase another horse.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2014
Listed
Feb 14, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 23, 2015