Due to an old and longstanding thatched house, Yi’s family has encountered difficulties in their life, especially during the rainy season. The house was affected by the rain and it’s not strong enough for the family to live in. In connection to this matter, Yi has applied for a loan of 1,200,000 KHR to purchase wooden boards and lattice to fix his house. This will provide a comfortable living for the family and there’ll be no fear of them suffering in the rain. Yi thanks you in advance.
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