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Chan
Mr. Chan is a 44-year-old man who lives in the Ornlong Veng district of Siem Reap province. Mr. Chan is works very hard in his farming business to earn a living. Mr. Chan has been married for many years to Mrs. Sai, 45, a domestic farmer. And they have seven children, five of whom are single. The other children are already married and live separately. Mr. Chan and his wife are able to generate an income about $7.50 USD each day. During this rainy season, this family has difficulties in living because some parts of their shelter are broken. Thus, Mr. Chan would like to request a loan from Kiva to mend his present house. Mr. Chan proposes to use the remainder of the loan to grow a larger rice crop and also to buy a plow. In the future, Mr. Chan hopes he can send his children to school.

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
  • 185
    View loans »
    Cambodia Loans Fundraising
  • $35,963,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Chan to mend his present house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012