KivaMAXIMA Mikroheranhvatho Co., Ltd.
Cambodia
Maxima Mikroheranhvatho Co. Ltd, or "MAXIMA for Household Economic Development" was founded in March 2000 by a group of friends with the vision of bringing people and businesses together with the goal of alleviating poverty by providing both economic and social opportunities to the rural poor.
Our mission is to offer microfinance services to low-income individuals, groups, and small & medium enterprises (SMEs), with an emphasis on lending to poor, rural women in addition to promoting savings.
By making credit available to the rural poor, MAXIMA’s clients, using their natural skills and harnessing their entrepreneurial spirit, are given the opportunity to start new businesses or expand upon existing ones. Such sustainable access to credit allows for those living in rural areas to achieve social and economic progress, not only for their families, but also for their communities.
Learn more about MAXIMA by visiting out site: maxima.com.kh Join our lending team "MAXIMA Mikroheranhvatho Fan Club"
September 11, 2011
As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.
During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff.
The information gathered during this process, together with the Kiva's new risk rating system and half-star support, has led us to revise MAXIMA's risk rating from 5 to 3 stars. The analysts have found that MAXIMA's risk variables, reviewed in the new risk rating model, were most representative of a 3-Star rating.
We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio. To view that, please go here: http://www.kiva.org/updates/kiva/2011/09/07/kiva-risk-ratings-now-with-half-stars.html.
Repayment Performance on Kiva
Repayment Performance on Kiva| This Field Partner | All Kiva Partners | ||
| Start Date On Kiva | May 28, 2007 | Oct 12, 2005 | |
|---|---|---|---|
| Total Loans | $2,985,900 | $280,713,025 | |
| Amount of Raised Inactive Loans | $0 | $10,525 | |
| Number Of Raised Inactive Loans | 0 | 17 | |
| Amount of Paying Back Loans | $811,200 | $76,564,275 | |
| Number Of Paying Back Loans | 1,010 | 92,262 | |
| Amount of Ended Loans | $2,174,700 | $204,138,225 | |
| Number Of Ended Loans | 3,400 | 280,125 | |
| Delinquency Rate | 0.02% | 2.45% | |
| Amount In Arrears | $107 | $1,254,316 | |
| Outstanding Portfolio | $559,677 | $51,149,836 | |
| Number of Loans Delinquent | 2 | 11,545 | |
| Default Rate | 0.06% | 1.12% | |
| Amount of Ended Loans Defaulted | $1,222 | $2,280,201 | |
| Amount of Ended Loans | $2,174,700 | $204,138,225 | |
| Number Of Ended Loans Defaulted | 4 | 6,779 | |
| Currency Exchange Loss Rate | 0.00% | 0.00% | |
| Amount of Currency Exchange Loss | $0 | $12,824 | |
| Refund Rate | 0.21% | 1.24% | |
| Amount of Refunded Loans | $6,225 | $3,477,150 | |
| Number Of Refunded Loans | 8 | 4,129 |
Loan Characteristics On Kiva
Loan Characteristics On Kiva| This Field Partner | All Kiva Partners | ||
| Loans To Women Entrepreneurs | 71.67% | 74.90% | |
|---|---|---|---|
| Average Loan Size | $664 | $389 | |
| Average Individual Loan Size | $678 | $618 | |
| Average Group Loan Size | $590 | $1,631 | |
| Average Number Of Entrepreneurs Per Group | 2.9 | 8 | |
| Average GDP Per Capita (PPP) in Local Country | $2,600 | $3,402 | |
| Average Loan Size / GDP Per Capita (PPP) | 25.54% | 11.42% | |
| Average Time To Fund A Loan | 3.47 days | 3.96 days | |
| Average Dollars Raised Per Day Per Loan | $191.41 | $98.13 | |
| Average Loan Term | 15.67 months | 9.26 months |
Journaling Performance on Kiva
Journaling Performance on Kiva| This Field Partner | All Kiva Partners | ||
| Total Journals | 4,001 | 131,404 | |
|---|---|---|---|
| Journaling Rate | 99.97% | 39.40% | |
| Average Number Of Comments Per Journal | 0.15 | 0.16 | |
| Average Number Of Recommendations Per Journal | 7.57 | 4.21 |
Borrowing Cost Comparison (based on 2009 data)
Borrowing Cost Comparison (based on 2009 data)| This Field Partner | Median for MFI Peers in Country | All Kiva Partners | ||
| Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) | 29.00% | 30.70% | 36.11% | |
|---|---|---|---|---|
| Average Partner Return On Assets (Average Profitability) | 3% | 3% | -1.45% | |
| Average Loan Size (% of Per Capita Income) | 111.38% | 71.10% | 43.69% |
Country Fast Facts
Country Fast Facts- Country:
- Cambodia
- Capital:
- Phnom Penh
- Official Language:
- Khmer (official) 95%, French, English
- Population:
- 13,363,421
- Avg Annual Income:
- $2,600
- Labor Force:
- agriculture 75%
- Population Below Poverty Line:
- 36%
- Literacy Rate:
- 69.90%
- Infant Mortality Rate (per 1000):
- 73.67 deaths
- Life Expectancy:
- 58.41 years
Field Partner Staff
Bunhak AnKiry Ponnak Pa
Rithy Ponnak Pa
Sophal Ros
Sive Chheng Sreng
Jen T
Kimseng Uong