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Seth
Seth P. has a machine that grinds rice. He earns about $6 per day working from his house. His wife, Mrs. Lot Vay, earns about $3 per day making wine and selling ground rice. They have two children, all of whom are young, and live in Phkar Rumchek Village in the Siem Reap Province, in Cambodia.

To increase their income and make it easier to operate their business, they are seeking a loan of $1,200 to purchase a motorbike to use for business. With the remainder of the loan, they will buy rice to grind and sell. This loan will help to expand their business and improve their family income.

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
  • 259
    View loans »
    Cambodia Loans Fundraising
  • $37,493,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Seth to purchase a motorbike and rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 26, 2008
Listed
May 9, 2008
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2009