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Kang
Kang, aged 30, is the head of his family that is comprised of four members. He is married to a garment worker and is blessed with two children. He untiringly works at the rice field to provide daily sustenance to his family. Kang has been in this occupation for more than seven years, earning an average income of 7,000 KHR per day.

At this time, Kang would like to renovate his house partially in order to keep his family in good conditions. Due the lack of capital, he is now asking for a loan in the sum of 1,500 USD to pay for construction costs and to purchase construction materials such as window frames, planks of wood and nails. In the future, Kang hopes to make improvements in farming business and help his children in their education. He promises to pay back his loan in full.

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
  • 104
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Kang to pay for construction costs and to purchase construction materials such as window frames, planks of wood and nails.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 19, 2013