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Porn
Porn is 38 years old. He lives with his wife and their child in the Baray district of Kompong Tom province. He operates a motorcycle transportation business around the province, earning around USD 3.00 per day to pay for his daily expenses. During the rainy season Porn, like other villagers, plants and harvest rice and potatoes to provide for his family’s daily sustenance as well as to sell for profit. Besides these two businesses, the main source of the family’s income comes from a hog-raising business that is managed by his wife. This couple tries hard because they want to work out their plans and achieve a quality of life.

Due to the lack of capital to invest in his farming business, Porn would like to take out a loan of KHR 2,000,000 to rent a tractor to till his land and purchase potato plants to grow on his existing farmland. Also, with the remaining funds he will buy a few piglets for his wife’s business. He is very happy to obtain this loan so that he can further improve his businesses and his living standard.

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
  • 116
    View loans »
    Cambodia Loans Fundraising
  • $35,861,050
    Funds lent in using Kiva
  • 4,088.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Porn to rent a tractor to till land and buy potato plants to grow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
Jun 10, 2012
Currency Exchange Loss:
Possible
Ended:
May 25, 2013