Savet Chhoeung, Farmer

New Business Loan Request

Loan Amount: US$250
Loan Term: 10 months

Description of business plan: Mrs. Chhoeung Savet, 46, and her husband, Hol Buntheoun, have been married since 1990 and have four children, ages 10-17. They are both farmers and have been planting and preparing their fields together since marrying. They also raise cows. Savet and Buntheoun both rent and own parts of the land they cultivate for growing potatoes, tomatoes, corn and jicama.

Savet is requesting a seventh loan from MAXIMA in the amount of $250. She will use this loan to pay for the plowing and preparation of their fields as well as vegetable seeds. Previous loans were also used for similar purpose. Savet says that it's difficult for them to save profits over the several months of monsoon, when they earn little income, for the larger upfront costs required for the winter planting. As they have been repaying loans successfully for so many years we feel confident that they will have no difficulty repaying this loan.


Loan Raised: $250

Lenders to this business:
Joe Beaverton, OR
Mary & Ed Newport Beach, CA
Frankfort, KY
Laura Burlington, NC
Daragh J. Farrell Hurlstone Park, New South Wales
Lending Hands Tallahassee, FL United States
Yogi Jonesboro, AR
Shari & Jim Exton, PA
Calgary, Alberta