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Chan
Part of 31-year-old Chan V.’s daily routine is making baskets. She and her husband, who live in the province of Kompong Chhnang, buy raw materials to make baskets to sell around their community. They also buy baskets from other weavers at reasonable prices and resell them to gain extra profits. They have been doing this work since 2000. Chan V. is not comfortable because her house often needs to be repaired. Therefore, she would like a loan to buy some wood to repair her old house. Chan V. is the mother of one child.

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
  • 235
    View loans »
    Cambodia Loans Fundraising
  • $37,057,450
    Funds lent in using Kiva
  • 4,040.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Chan to buy some wood to repair her old house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2011
Listed
Feb 9, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011