Heng wants to upgrade her living standard through her hard work and perseverance. To provide her children a healthy living, Heng decided to take out an additional capital of USD 500 to purchase construction supplies such as cements, bricks, and iron construction rods, which will be used to build a bath room and toilet for home use. This will provide her family with a comfortable living status. For her business goal, she wants to owns a grocery store and expand it gradually to satisfy her customers.
About HKLHattha 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.
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Success!! The loan was 100% repaid