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Ang
Ang T., 42 years old, is a motorcycle taxi driver from Phnom Penh, the capital of Cambodia. He runs his business along the streets in and around the city and he typically earns an average of $5 a day to help cover his family’s expenses. Another source of family income is from his wife’s business. She is in the picture. She rents a medium size flat where there is an attractive place where she sells coffee and other soft drinks, earning $10 per day. She has just started her business and she needs more capital to improve the business. Ang T. requested a loan for his wife to use to sustain the growth of her business. This couple has a school-aged kid who lives with them at 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
  • 85
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ang capital to improve the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Nov 14, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 16, 2010