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Chen
Driving a motor taxi is the daily work of 56-year-old Chen S.. In addition, Chen S. also buys fresh fish in bulk for his wife to retail at the busy local market. This couple typically earns around US $5 a day. Chen S. has been blessed with six children: one of them is married and the others are single. To help cover the family’s expense, one of the children works in a hotel. Chen S. needs a loan of US $1000 which he will use to improve the fish business. The rest will be used to begin selling cooking supplies from home.

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
  • 196
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chen to improve a fish selling business and to begin selling cooking supplies.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2009
Listed
Sep 17, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 19, 2010