Sopho's Group Loan

Sophos's group
Status: Inactive
$600.00 Loan Request
http://www.kiva.org/app.php?page=businesses&action=about&id=27190

About the Group Group Name: Sophos's group
Group Members: Sophos Chin , Chanthorn Noun
Location: Ta Khmao district, Cambodia
Primary Activity: Farming
Loan Requested: $600.00
Repayment Term: 12 months - repaid monthly
Loan Use: Group loan to purchase a cow and a motorbike taxi.
Date Created: Dec 11, 2007

These two families live in a small village off of National Road Two about fifteen kilometers south of Phnom Penh. They are requesting this, their first group loan from Maxima, to buy a second cow and to buy moto-remorque taxi. Mrs. Chin Sophos was selected to be a group leader by members for a loan from Maxima. 1- Mrs. Chin Sophos (age 25) and her husband (age 28) have been married for two years. They have one child. Chin has worked in a nearby garment factory for six years. Her husband drives a moto-remorque taxi. They also raise cows (see image on right of photo). She is requesting a loan from Maxima with the amount US$400. She will use this loan to purchase cow for raising. 2- Mrs. Noun Chanthorn (age 26) and her husband (age 33) have been married since 1997. They have three children, two of whom study in primary school in their village. Noun has been working in a garment factory for a year. Her husband also drives a moto-remorque taxi (See image on left of photo – her husband and son are pictured on one as an illustration.) Closer to Phnom Penh, National Road Two is lined with garment factories. At each shift change, thousands of workers, mostly women, need to be ferried to and from the surrounding villages. Cambodians use the moto-remorque, a very economical combination of a trailer pulled by a 100 or 125cc motorbike. They typically hold as many as eighteen or more people. Noun is requesting a loan from Maxima with the amount US$200. She will use this loan to purchase carriage for transporting.