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Chea
Mrs. Chea is 30 years old and married. She lives in Kompong Speu Province. She is a local cultivator, and she has only one child who attends school. Mrs. Chea generates an income of approximately $2.50 per day from her current occupation. Her husband is a car repairman in the community and earns average of US$ 13 each day to support his family.

Mrs. Chea will use the loan to build a new fence in order to maintain safe living conditions for her family. Her old fence has been broken for a long time, but she doesn’t have sufficient money to rebuild it. That is the reason why Mrs. Chea made the decision to borrow some funds from Kiva, partnered with HKL.

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
  • 121
    View loans »
    Cambodia Loans Fundraising
  • $36,181,550
    Funds lent in using Kiva
  • 4,115.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Chea to build a new fence.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011