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Ven
Ven is a 56-year-old married man and a loving father of three school-aged children. He is hard-working and works in two different businesses, farming rice and selling chopped wood. After finishing his tasks in the fields, he continues selling his chopped wood from his animal-pulling trailer and earns approximately KHR 20,000 per day, but this income is barely enough to cover their monthly expenses.

Because of this reason, Ven’s son plans to work as a paid laborer in Thailand to financially support the family. Ven has applied for a loan of KHR 6,000,000, which he aims to use to cover the costs of his son such as traveling expenses, food and accommodations. He will also use the remaining balance to sustain his wood-selling business by increasing his stock of wood. He awaits your kindness and relies on your generosity.

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
  • 117
    View loans »
    Cambodia Loans Fundraising
  • $36,587,375
    Funds lent in using Kiva
  • 4,073.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Ven to cover the costs of his son, who plans to work in Thailand, such as traveling expenses, food and accommodations.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015