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Meach
Meach is 30 years old and a loving mother of a small child. She is a hardworking woman, working on a small plot of farmland farming rice. Her family is living at subsistence level because she can’t produce more from this land size. Her husband shares his responsibility by working as a construction laborer. The family doesn’t own a motorcycle, so every day her husband goes to work on foot or by motor taxi service, and this causes a decrease of their income.

Meach would like to help her husband in his business and buy him a motorcycle, but she doesn’t have enough money to make that possible. That’s why she has requested a loan in the amount of 600 US dollars to buy a used motorcycle. With this loan, her husband can go to work on time without paying transportation fees, and therefore, improve their 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 108
    View loans »
    Cambodia Loans Fundraising
  • $36,192,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Meach to buy a used motorcycle for her husband to commute to his workplace.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014