Although they have different businesses, they still live in poor conditions and in an old house. Now, their house needs to be repaired, so Mr. Mao S. has decided to ask for a loan to fix their house.
Mr. Mao S. is 46 years old and the father of six children, one of whom is employed in a garment factory. The four middle children attend the local school. The youngest is just one year old.
His wife appears on his left in the photo.
About AMKAngkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.
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.
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