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Apr 20, 2017 9:51 AM ET

Cambodia: Samnang Group: A loan of $1,200 helps a member to purchase construction material. Another group member will purchase farming material.

iCrowdNewswire - Apr 20, 2017

Samnang Group

Cambodia
 
Som Rong Torng district, Cambodia / Personal Housing Expenses
 
Borrower image
 

A loan of $1,200 helps a member to purchase construction material. Another group member will purchase farming material.

Samnang Group’s story

Samnang was selected to be group leader for a loan requested from Maxima Microfinance. In the group are three members and they live in a village in Som Rong Torng District, Kompong Spue Province, Cambodia.

Samnang is a farmer, and a garment factory worker for 2 years. She is a widow, and she lives with her children. Samnang is applying to Maxima Microfinance to purchase construction materials to repair her house.

The other group members are Soly, a garment factory worker and farmer, who wishes to purchase construction material to repair her house, and Thina, a garment factory worker and farmer, who is applying for the loan to purchase farming material to support her farming.

Note: Samnang, wearing the red shirt is group leader; Soly stands in the middle; Thina is on the right hand side.

In this group: Samnang, Soly , Thina

This loan is special because:

It provides Cambodian entrepreneurs with access to finance to grow their businesses. 

Juan
Kiva staff

More about this loan 

About MAXIMA Microfinance:

MAXIMA Microfinance Plc 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.

Contact Information:

Samnang Group

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