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Savoeun
A married mother of two dependent children, Savoeun is 37 years old and lives in Bakan district, Pursat province. She has been managing an agricultural business growing rice to earn a living for nearly 20 years. She has around one hectare and a half of farmland and she grows her rice crops twice a year. Her earnings are a big help for the family's daily needs and the education of her children

As this will be her first loan with HKL, she aims to build a proper latrine for her family as her old one is not comfortable and hygienic enough to use any more. Thanks to the water loan program with a special rate offered by Hattha Kaksekar Limited (HKL), Savoeun is encouraged to focus on ensuring healthy living conditions, to safeguard the health of her family and to protect the environment.

Additional Information

More information about this loan

This loan is part of HKL's new water and sanitation loan program designed to help improve living standards of poor and low-income people living in Cambodia. Loans under the program are directed at various products that help improve access to clean water and improved sanitation facilities including loans for water tanks, filters, wells, distribution, and latrines. These loans help to reduce rates of waterborne disease, improve health, and increase economic outcomes for poor families. HKL has designed this social loan product to feature a lower rate than typical.

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 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.

About Cambodia

  • $2,600
    Average annual income
  • 265
    View loans »
    Cambodia Loans Fundraising
  • $37,506,450
    Funds lent in using Kiva
  • 3,971.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Savoeun to build a proper latrine for her family.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 27, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015