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Soeu
Kompong Tom province is best area for farming. Soeu S. has been in the farming business for years. He is local farmer as well as a rice trader who owns a rice hulking machine inside his home and provides a rice milling service to his neighbors. Soeu S. also buys rice in bulk at a reasonable cost to mill, and he sells his finished rice to people to earn income. His wife also assists him in the business.

Besides these business, Soeu S. plants rice crops and watermelon in order to earn extra profits. They are. however, not growing well because they are outside of the fields watering system. Soeu S. is seeking a loan to buy a pumping machine for irrigation. He will use the rest of loan to purchase a sacks of fertilizer.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $35,122,200
    Funds lent in using Kiva
  • 4,035.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Soeu to buy a pumping machine for irrigation. He will use the rest of loan to purchase sacks of fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2011
Listed
Feb 5, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012