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Veng
Mr. Veng S., and his wife, Mrs. Chanthy Sim, 25, live in a small village along National Road Two, about twenty kilometers south of Phnom Penh. They have been married for one year and have one daughter, she is eight days old.

Mr. Veng has been a security guard since 2005. His wife has been a factory worker for five years. Both husband and wife are working in Phnom Penh City and they usually go to work by motor taxi and the cost is very high.

Veng is requesting a loan of US$1000 to purchase a motorcycle for going to work.

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
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,207,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Veng to purchase a motorcycle for driving to work.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2008
Listed
Nov 11, 2008
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010