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Virak
Virak is 28 years old and a resident of Samraong Tong district, Kampong Speu province. He is married with two school-going children. Virak owns and operates a repair shop in this region to earn a living. He has been serving the village for many years, providing repairs and vehicle maintenance and he earns well for the family. He is happy and thankful because his wife helps him earn enough income to meet their daily needs.

To improve his services, he is taking out a loan in the sum of USD 1,500 to buy motor spare parts and vehicle fuel to be used for repair and maintenance services. In the future, Virak wants to save money to expand his business and improve the general living situation of his family.

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
  • 291
    View loans »
    Cambodia Loans Fundraising
  • $37,552,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Virak to buy motor spare parts and vehicle fuel to be used for repair and maintenance services.
79% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 24, 2014
Currency Exchange Loss:
N/A