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Soeng
Soeng is 30 years old and the loving father of two children. He has been a rice farmer for nearly 14 years to supplement his spouse's income. He usually earns about KHR 20,000 per day, which he uses to pay for meals and other home expenses.

He is now asking for a loan of KHR 1,000,000 to buy grocery items for his wife’s store, where she sells many different kinds of products, such as snacks, sweets, drinks, and other miscellaneous items.

Through the loan help, she will be able to sustain her selling business and increase sales. They hope that someday they will become financially stable and that their children will have a bright 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.

About Cambodia

  • $2,600
    Average annual income
  • 103
    View loans »
    Cambodia Loans Fundraising
  • $36,157,725
    Funds lent in using Kiva
  • 4,060.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Soeng to buy grocery items for his wife’s store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014