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Phal
Mr. Phal P., 58, and his wife, Mrs. Savorn Nut, 53 who live along National Road Number Six about 20 kilometers from Phnom Penh, were married during the Pol Pot regime and have six children: two sons and four daughters. Two children are construction workers; a daughter works in a garment factory; one son is a security guard, while two children are in school.



Phal has been a motor taxi driver since 1992, carrying goods and people from his village to the market and from the market to the village, while his wife has worked in a brick kiln for five years. Phal is now requesting a loan of $1000 to purchase a new motorbike to replace the old motor taxi and to build one rest room for family use.

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
  • 200
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Phal to purchase a motorbike and build one restroom.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2008
Listed
Dec 9, 2008
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009