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Phorn
Mrs. Phorn C. lives in a small wooden house from which she operates a small enterprise, selling breakfast foods to the neighbors. She is able to earn approximately $3 each day. For another source of income, her husband drives a trailer-motor taxi.

Presently she faces difficulties with her living situation because her house is too old and too small for them. She wants a new house, but she doesn’t have enough money yet to start the construction. So, she is applying for her second loan to buy housing materials for building a new house.

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
  • 183
    View loans »
    Cambodia Loans Fundraising
  • $36,989,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Phorn to buy materials for building a new house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010