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Mom
Farming business is preferable for most of people living in the countryside of Cambodia and it can be considered as the traditional business since a thousand years ago. Among the farming people of the area is Mom, a 40-year-old woman and a mother of three single children, who cultivates the land for growing rice in the Prey Chhor district of Kampong Cham province. Having been in this business for years, she is able to make a net profit of $4 per day to cover her daily living costs.

Now she has applied for a loan in the sum of $800, which will be used to place her son in a vocational training center in Phnom Penh, where he can learn to be a car mechanic. Through this loan support, she can provide an opportunity for her son and she hopes that this can help him to be successful in his career in the future.

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
  • 293
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Mom to pay for vocational school fees of her son.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 10, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014