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Sophal
Mrs. Sophal U., 43, and her husband, Mr. Leang Seak, 42, were married in 1990 and have a young daughter who is in primary school. The family lives along National Road Number Six, about 20 kilometers from Phnom Penh.

Sophal has been selling food and rice for two years. She buys the ingredients from Prek Anhchanh market to cook and sell at a school nearby her house. Her husband has been driving a taxi for over ten years. He drives from his village to Phnom Penh and other attractive places. The couple is in the process of building a new house but they lack sufficient money to finish, so Sophal is applying for her first loan of $500 to complete her new house.

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
  • 218
    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 $500 helped Sophal to add to her own money to build her new house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2009
Listed
Mar 7, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010