Wednesday, December 5, 2007
Sokheng Chhay
Sokheng Chhay
Status: Raised
$1,000.00 Loan Request
$1,000.00 Raised
http://www.kiva.org/app.php?page=businesses&action=about&id=26412
About the Entrepreneur Name: Sokheng Chhay
Business Name: Sokheng Chhay's Silk Production
Location: Khsach Kandal district, Cambodia
Primary Activity: Weaving
Loan Requested: $1,000.00
Repayment Term: 12 months - repaid monthly
Loan Use: To purchase materials for weaving; to buy finished woven cloth for re-sale; and to buy tools and materials to expand her son’s jewelry business
Date Posted: Dec 5, 2007
Date Funded: Dec 5, 2007
Mrs. Sokheng Chhay (age 49) and her family live in a small village across the Mekong River about fifteen kilometers north of Phnom Penh. Sokheng and her husband (age 53) have been married since 1976 and have six children, four of whom still live at home. The two younger ones study in secondary school in the village and two older ones study in college in Phnom Penh.
Sokheng is requesting this, her first loan from Maxima, to purchase thread for weaving; to buy finished cloth from other weavers for re-sale in Phnom Penh; and to help her son expand his jewelry business. She has been weaving, a skill she learned from her mother, for about thirty years. Five years ago she started buying finished cloth from other villagers for re-sale at the large markets in Phnom Penh.
Sokheng's son (see photo) learned to make jewelry in Phnom Penh. He now produces it at home and sells the finished pieces to middlemen in Phnom Penh. Their main goal is to continue growing their businesses so the remaining kids in school can go on studying. Sokheng also wants to continue saving so they can buy a semi-automatic power loom.
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