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Sorn
Mr. Sorn L., 51, and his wife, Mrs. Yat Cheng, 48, who live in a small village in the suburbs of Phnom Penh, the capital city of Cambodia, married in 1980 and have four children: one son and three daughters. One of their daughters is a tailor; another one has full-time employment, and two children are in school.



Sorn has been a driving a motor taxi for one year. He does his job in Phnom Penh and earns about US$ 2.50 a day. His wife has been a tailor for seven years and earns about US$ 3.75 per day.



Sorn is requesting his first a loan of US$ 600 to purchase a motorbike for his children to ride to school. Part of the loan will be used to buy a sewing machine for his daughter’s business.

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
  • 201
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Sorn to purchase a motorbike for his children to drive to school and buy a sewing machine for his daughter’s business.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2009
Listed
Feb 11, 2009
Currency Exchange Loss:
N/A
Ended:
May 17, 2010