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Vicha is standing aside his mother in the photo. Vicha is 19 years old and single. He is now a year-one student studying economics at Norton University. His major is economics. He loves his major and thinks that it’s suitable for his personality. Recently, Vicha has also worked as a bar waiter to earn a decent salary to support his education and daily personal expenses.

Due to insufficient funds, Vicha is taking out a loan in the amount of 500 USD, which will enable him to cover his education fees. Vicha is very happy and thankful for the loan funded via Kiva to allow poor students to pursue a higher level of education while contributing to the future development of Cambodia.

Additional Information

More information about this loan

This loan is part of HKL's new higher education loan program, designed to help students pursuing university degrees to afford tuition and other school-related expenses. Through this program, HKL expects to increase the number of Cambodians with access to higher education and better-paying jobs. Ultimately, it aims to reduce poverty and aid economic development in Cambodia. HKL has designed this loan product to meet student needs including a lower interest rate, grace period on principal while the student is in school, and longer loan term.

Please be advised that this loan might carry a grace period while the student is in school that may result in a lengthy loan term.  Please refer to the Repayment Schedule before making this loan.

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 Cambodia

  • $2,600
    Average annual income
  • 290
    View loans »
    Cambodia Loans Fundraising
  • $37,541,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Vicha to cover his education fees at university.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 18, 2014
Mar 28, 2014
Currency Exchange Loss:
Mar 17, 2015