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Bunchim
Bunchim is a 32-year-old married man and a loving father of one child living with his family in a remote area of the Bakan district in Pursat province. Everyday Bunchim works hard at his farming business to support his family with their basic needs and supplements his income by providing motorcycle repair service from his home. From his current businesses, he is able to earn approximately KHR 30,000 per day.

Bunchim is now asking for a loan to build a proper latrine for his family. This loan will help him buy materials and cover the costs of the construction. Thanks to the water loan program with a special rate offered by Hattha Kaksekar Limited (HKL), Bunchim is encouraged to focus on ensuring healthy living conditions, to safeguard the health of his 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.

Tags

About Cambodia

  • $2,600
    Average annual income
  • 199
    View loans »
    Cambodia Loans Fundraising
  • $37,044,750
    Funds lent in using Kiva
  • 3,992.0
    Cambodia Riels (KHR) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Bunchim to build a proper latrine for his family.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 10, 2014
Listed
Feb 7, 2014
Currency Exchange Loss:
Possible
Ended:
May 18, 2014