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Kang
Kang is 41 years old, married, and has three children. He currently lives with his spouse and children in Kompong Speu province. Kang’s focused business activities are growing and harvesting rice to sell to local traders. He has been doing this business for over 20 years and earns a decent income, which goes for meals and school allowances for his children. For additional income, Kang harvests a kind of water lily plant, with a long, edible stalk, to sell in a market of his area. He would like to keep making his businesses profitable and have a sustainable income, for the overall welfare of his family.

With this loan, he is buying floorboards to fill in the blank space of his house, as it is now under construction. It will be a very comfortable place for members of his family. He is pleased to have this loan, which enables him to develop his living standard.

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
  • 214
    View loans »
    Cambodia Loans Fundraising
  • $37,046,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kang to buy floorboards to fill in the blank space of his house, as it is now under construction.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014