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Sophin
Mrs. Sophin L., 34, and her husband, Mr. Thea Soem, 33, who live along the Tonle Basac River, a tributary of the nearby Mekong, about fifteen kilometers from Phnom Penh, the capital city of Cambodia, married in 1997 and have two children: one son and one daughter. One of their children attends school and the other one is still too young.



Sophin has been selling flowers for six years, a skill she learned from her parents. She buys them from villagers in her village for re-sale at the market in Phnom Penh. Her husband has been driving a motor remorque taxi (a motor with a trailer at the back) for fifteen years. But, his motor remorque is broken very often and it upsets his business.



So, Sophin is requesting a loan of US$ 800 to purchase a new motorbike to replace the old one; she will use part of her loan to purchase flowers on contract for re-sale.

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
  • 107
    View loans »
    Cambodia Loans Fundraising
  • $36,200,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Sophin to purchase: a new motorbike to replace her husband’s old one; flowers on contract for re-sale.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2009
Listed
Feb 14, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010