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Choeun
Choeun C. is a youngest man 21 years old and married father. He was married to his wife for years ago and they have no child. He is currently owned a medium size of farmland that was inherited from his grandparents since he is still not married. He cultivates a various crops to earn a living. He also plants rice, fruit, and other vegetables which he will harvest and sell his matured productivities to buyers during the past three months after he grows. His wife stays at home to hold housework and also works on the farm actions. Recently, Choeun C. faces a small problem that he lacks some farming supply. This obstacle, he is therefore applying for a loan to purchase a cultivating machine which he uses to plow his farmland. In addition, he will rent out a new machine to other farmers for fees.

Additional Information

About HKL

Hattha Kaksekar Limited is one of the largest and most successful microfinance institutions (MFIs) in Cambodia. The organization provides microfinance services to the poor, particularly women, in urban and rural areas. Kiva lenders’ funds will be used to expand the outreach of HKL’s financial services to a greater number of clients in rural areas of Cambodia.

About Cambodia

  • $2,600
    Average annual income
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Choeun to purchase a cultivating machine which he uses to plow his farmland.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2009
Listed
Sep 7, 2009
Currency Exchange Loss:
N/A
Ended:
May 18, 2010