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Moung
Mr. Moung T., 26, is a carpenter who makes wooden beds and chairs, which he sells. He typically earns about $7 per day. His wife, Mrs. Heav Thyvan, is a farmer and cares for three children in the family’s home. They live in Khla Khmom Village, Siem Reap Province. Because Mr. T. is growing his business to meet the increasing demand of customers, he is requesting a loan of $1,200 to purchase wood to make more furniture for resale.


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
  • 291
    View loans »
    Cambodia Loans Fundraising
  • $37,552,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Moung to purchase more wood to make beds and chairs to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 5, 2008
Listed
Aug 21, 2008
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2009