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Moeng
Being a responsible mother, Moeng operates a hog-raising business to help her husband generate income. She is 50 years old and has eight children; six are married and two are single. Her husband manages their rice farming business to provide income for the family. Together, they are able to earn approximately $6.00 US dollars (USD) per day to meet the family’s needs.

Moeng is requesting a loan of 2,000,000 Cambodia riels (KHR) to supplement her savings, which will be used to purchase construction materials to renovate her house. With the help of this loan, she has enough capital to fix her house and make a comfortable living for the whole family. In the future, she plans to make her business grow and become profitable.

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
  • 115
    View loans »
    Cambodia Loans Fundraising
  • $35,445,525
    Funds lent in using Kiva
  • 4,085.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Moeng to purchase construction materials to renovate her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
May 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2013