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Srun
Srun now works for a company that produces glasses. He lives in a Phnom Penh suburb. He has seven children: four sons and three daughters. Three of his children are married; two are musicians; one is a garment-factory worker; and another one attends school.

Srun’s children have a set of musical instruments; in Khmer it is usually called Ork Kadong. The people prefer to rent Ork Kadong to entertain and dance in weddings, some religious ceremonies, and especially during the Khmer New Year.

Some of the musical instruments are old, and Srun’s children want to replace them, but they don’t have money. Hence, Srun decided to apply for a loan to help his children to purchase new musical instruments.

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
  • 192
    View loans »
    Cambodia Loans Fundraising
  • $37,030,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Srun to help his children to purchase new musical instruments.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2014
Listed
Mar 4, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014