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Pich
Pich is 47 years old and a resident living in Baray district with his spouse and two single children, while the other three are already married and have independent lives. Pich is a hardworking father who always helps his wife in their farming business and takes care of a healthy family and provides their children with a good education. He has been farming rice and fishing for almost 10 years, and he is able to generate $3 per day from the businesses.

Pich will not use the loan he borrowed for his personal purpose; however, he will use it to supplement his existing capital to support one of his married children in the purchase of a house. Being a good father, Pich always wants to help his children somehow, as well as he can. He hopes that lenders will give him this loan, which will allow them to have a suitable house.

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
  • 209
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pich to support one of his married children in the purchase of a house.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2014