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Chea
Mr. Chea, 56, and his wife, 55, support their family by fishing with fishing implements along the Tunle Sap River. This couple wakes up every morning, drives their boat toward the middle of the river, and then fishes. After the fishing is done, they hurry to bring their fish to the market and sell to their regular buyers on credit. They collect their money after their buyers sell all of the fish that they bought. Mr. Chea has five children. Two of his children are single and three are married. Two of the children work as fish catchers also. Mr. Chea is not comfortable because his house often needs to be repaired. He would like a loan to repair his old house.

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
  • 120
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Chea to repair his old house.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012