Nun has been doing farming for nearly 15 years and has gradually improved it to be her major source of income. Her husband has given full support in managing their farm.
Since Nun’s house was built on the low part of land, which suffers from water in the rainy season, she is requesting a loan to buy excavated dirt to refill the ground part of her house. In this way, she will be able to keep her house from flooding. She is very delighted and grateful for the loan support.
In the future, Nun would like to save enough money to expand her current businesses and to increase productivity in order to provide her family with better living conditions.
About HKLHattha 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.
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Success!! The loan was 100% repaid