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Kimratvannak
Kimratvannak, twenty years old, is single and lives with his parents and sisters in a suburb of Phnom Penh. His parents sell noodles with soup.


Kimratvannak is now a first-year student at Phnom Penh University, majoring in Electrical Engineering. He hopes to graduate with a degree that will get him into a professional position. He is applying for a 250 USD loan through MAXIMA to pay his tuition.

Additional Information

More information about this loan

This loan is part of Maxima's new higher education program designed to increase access to college degrees for students from low-income families. This is a new initiative for Maxima, developed with technical assistance from Vittana, another Kiva partner focused on student loans. By making education more affordable, this loan program is well-positioned to help young people lift themselves out of poverty and start creating change for their families and communities.

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
  • 293
    View loans »
    Cambodia Loans Fundraising
  • $37,544,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Kimratvannak to pay his tuition.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
N/A
Ended:
Dec 25, 2014