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Poa
A lot of Cambodian people earn a living by driving a motorcycle taxi. One of those citizens, Mr. Poa P., is a motorcycle taxi driver and is able to earn a salary of $5 a day. He uses this income to support all his family expenses such as meals, his child’s clothing, medical bills, and his child's school fees. In order to help him, his wife works sewing clothes in industry and earns a specific salary.

Recently Poa P. is hardly finding passengers because his motorcycle taxi is too old and not attractive. To solve this problem, he decided to pursue a loan to be used to replace his old motorcycle taxi. From this he is hopeful that he will able to increase his number of customers and his income.

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
  • 330
    View loans »
    Cambodia Loans Fundraising
  • $37,587,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Poa to replace his old motorcycle taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 16, 2011