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Min
Min is from Prey Chor District in Kompong Cham Province. He is 41 years old and the father of three children attending school. Rice farming is his main business and the sole source of income for his family. He has been doing farming for many years with the constant support of his wife and teenage children. He typically earns a suitable income of 8,000 KHR per day. Min and his wife aim to improve their farming business and grow various kinds of seasonal crops to yield a better income. He plans to plant beans, followed by rice crops. But due to inadequate capital, he would like to have financial assistance through HKL in the amount of 900 USD to purchase bean seeds, hire laborers to prepare the land, and also pay the operating expenses for growing rice. With the great help of the loans, Min has a strong commitment to make improvements to his current business and improve his living conditions.

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
  • 84
    View loans »
    Cambodia Loans Fundraising
  • $35,066,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $900 helped Min to purchase bean seeds, hire laborers to prepare the land, and also pay the operating expenses involved in the rice-growing process.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 18, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 22, 2013