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Yem
Mr. Yem Y., 37, is a fisherman in Tonle Sap Lake. He has been fishing since 1992 and typically earns around $4 per day. His wife sells the fish. Their children are young and in school. Because fishing is their main income, Y. must improve his equipment and expand his business to increase his family's income, so he is requesting a loan of $1,000 to purchase a fishing boat.


About Hattha Kaksekar Limited (HKL):

HKL is one of Cambodia's largest and most successful microfinance institutions (MFIs). It is committed to helping its clients achieve their business goals by providing sound financial services, and thereby hopes to contribute to the social and economic development of Cambodia. HKL specifically targets women and poor families in order to help them achieve increased financial security and quality of life, by offering various credit programs and encouraging savings. In accordance with its mission and its commitment to operational and financial sustainability, HKL contributes part of its net profits every year to support social development in education and healthcare.

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
  • 102
    View loans »
    Cambodia Loans Fundraising
  • $36,158,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yem to purchase a fishing boat to improve his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 21, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009