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Phoeung
Phoeung Y., 36, has been selling fresh fish in the village for years and also provides small loans with specific repayment schedules to her neighbors to earn extra income. Her husband, Chin Cheang, 36, is both a fisherman and a construction worker. This couple, married for years, is blessed with four teenage children, one of whom is employed while the other three are still dependent on their parents. Because their house is old and damaged, Phoeung Y. is requesting a loan of $800 loan to repair it.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 122
    View loans »
    Cambodia Loans Fundraising
  • $36,566,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Phoeung to repair her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 16, 2010