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Chea
Chea is now 57 years old. She has become a single parent since her loving husband passed away a few years ago. She is presently responsible for six single children. Her other four children have their own families and live independently around the Baray district of Kompong Tom province. The main business of her family is to cultivate rice and other crops on inherited farmland. Typically, Chea is able to make approximately USD 5.00 per day to cover her daily expenses.

Recently, Chea wants to be involved in a wholesaling business, as she used to have a good experience in previous years. She wants to buy cashew nuts from local villagers in bulk and stock them for while for wholesaling at a profitable price in the future. Yet she has inadequate capital to attain her goal. This time she is looking for some funds from HKL again to invest in the activities mentioned above. She is very appreciative for the loan given to her to develop a successful business

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
  • 119
    View loans »
    Cambodia Loans Fundraising
  • $36,585,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Chea to buy cashew nuts in bulk to sell at wholesale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 23, 2013