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Phem
Phem L. is 59 years old and married. To help provide for her family's needs, Phem L. sells a few grocery items out of her home. She has been in this business for years and earns approximately $2.50 per day. To help contribute to the family, her husband works as a wood builder in the village. This couple has been married for years and they have six children: five are married and have already moved into their own homes and one is single. Phem L. hopes to enlarge her business and is applying for a loan to be used to accumulate a larger number of necessary grocery items to sell.

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
  • 236
    View loans »
    Cambodia Loans Fundraising
  • $35,768,625
    Funds lent in using Kiva
  • 4,330.9
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Phem to accumulate a larger number of necessary grocery items to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2010
Listed
May 8, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011