Van aims to provide a good education to her child, so that when she grows up, she will find a better job than what Van does, which is rice farming. Van and her husband help each other to manage their rice field. Taking good care of her crops will result in an abundant harvest in the coming season.
Van wants to make some repairs to her present thatched-roof house, which is sure to suffer from leaks during this coming rainy season. She would like to borrow KHR 1,500,000 to purchase timbers and miscellaneous construction supplies to have her house constructed.
She hopes to have a suitable shelter and provide her family with comfortable living conditions.
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