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Cheng
Cheng has been in rice farming for over 10 years and she has enough skills to ensure a fruitful harvest each season. She is pursuing this occupation in order to provide her family’s daily sustenance, pay for commodity costs and the allowances for her school-aged child.

She also pays additional laborers, who help her in doing the farm work on her plantation. Cheng has four children; three of them are already married and only her last-born child is still attending school.

Cheng aims to maintain her rice production and make improvements to her business. This is why she is asking for a loan of 2,000,000 KHR to hire a few laborers to transplant rice, purchase lubricant oil for the maintenance of her plowing machine and also to purchase pesticides to use on her rice crops.

She would be grateful to Kiva lenders if this was granted, to enable her to enhance her crop production.

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
  • 111
    View loans »
    Cambodia Loans Fundraising
  • $35,862,650
    Funds lent in using Kiva
  • 4,063.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Cheng to hire a few laborers to transplant rice, purchase lubricant oil for the maintenance of her plowing machine and also to purchase pesticides to use on her rice crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013