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Keo
Keo lives in the Baray district with his wife and three dependent children. He is in the farming business, and at the same time makes palm sugar to sell for additional income. He has been doing this for over 20 years now, and earns a net profit of KHR 34,000 per day, on average.

He still wants to pursue his business of making sugar, which is why he has requested a loan of KHR 1,500,000 to buy chopped wood and other materials needed for his process. This will enable him to boost the income, thus provide his family members with their basic needs.

Someday he would like to keep growing as a successful businessman with his family-owned businesses.

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
  • 126
    View loans »
    Cambodia Loans Fundraising
  • $35,929,100
    Funds lent in using Kiva
  • 4,060.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Keo to buy chopped wood and other materials needed for the process of making sugar.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014