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Hong
Hong is 43 years old and married with six children. She lives in a thatched house in Prey Chor district, Kompong Cham province. She is involved in cultivating rice to generate income. Her husband also works in the same type of business and helps her manage most of the maintenance of the rice field.

Hong’s family is experiencing difficulties in their life because their house suffers from the rain when there is too much rain coming. Hong wants to renovate her house and make the family more comfortable, so she is asking for a loan of 2,000,000 riels to purchase timbers and wallboard. She hopes that this loan will be granted to her to help her family. Her priority in life is to provide further education for all of her children.

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
  • 125
    View loans »
    Cambodia Loans Fundraising
  • $36,179,850
    Funds lent in using Kiva
  • 4,093.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hong to purchase timbers and wallboard to renovate and expand her house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 26, 2013