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Lach
Mrs. Lach M., age 51, owns and operates a handicraft business whose main activity is selling rattan cupboards. She sells rattan that she and her husband weave or she orders from other weavers who live in the village. This couple uses their own motorcycle with trailer attached as transportation and it takes a week to sell all their rattan.

Lach M. currently gets a lot of orders for rattan from her customers, but her output is not enough to serve them. In order to better meet the needs of her customers, Lach M. is humbly requesting a loan to buy more rattan cupboards to resell.

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
  • 123
    View loans »
    Cambodia Loans Fundraising
  • $35,101,350
    Funds lent in using Kiva
  • 4,245.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Lach to order buy more rattan cupboards to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011