The house he lives in has deteriorated over the years and it needs some renovation to keep his family living comfortably. Due to insufficient money, he has applied for a loan of KHR 2,400,000 to buy construction materials needed for his home improvement and to pay for labor costs. He hopes to provide his family a warm place to live in without worrying about the coming rainy season and bad weather conditions.
Thanks to the lenders for this constant support. He awaits your kindness and relies on your generosity.
About HKLHattha 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.
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Success!! The loan was 100% repaid