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Cheng
Basket-making business is a main business activity for Cheng, 28, followed by rice farming. She is a single woman who lives with an elderly mother in the Pouk district of Siem Reap province. She learned how to make baskets from her mother. From this type of business, Cheng is able to earn approximately USD 5.00 per day. She said that she doesn’t have any worries with this business because there are many customers who are waiting to buy her finished products. The more products she makes, the more money she will earn.

In order to improve her transportation, Cheng now would like to ask for sufficient funds through HKL to purchase a motorcycle, which she will use to transport her products to the marketplace. This is Cheng's first loan, and she is confident of being able to pay it back punctually.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $35,502,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Cheng to purchase a motorcycle to transport her products to the marketplace.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Apr 5, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013