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Chhen
Mrs. Chhen L. (took a picture with her daughter), 62, was married in 1966 and has six children: four sons and two daughters. Two of them were married and live outside the family house, two daughters are silk weavers and one son works in a garment factory that produce jean. Besides her children Chhen also has two sons in-law and two grandchildren are living with her. The family lives on an Island of Mekong River about fifteen kilometers from Phnom Penh, the capital city of Cambodia.

Chhen has been a silk weaver since she was sixteen years old. She sells her finished products to the middleman in the village who then takes it to sell at market in Phnom Penh. Chhen hopes to continue her weaving business, it’s a main business for her to earn income to support her family that why she is applying for her first loan of $400 to purchase silk materials for her purpose.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,565,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Chhen to purchase silk materials for her weaving business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009