Funded

Total loan: $1,200
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Moung


A loan of $1,200 helped to purchase more wood to make beds and chairs to sell.


Moung's story

Mr. Moung T., 26, is a carpenter who makes wooden beds and chairs, which he sells. He typically earns about $7 per day. His wife, Mrs. Heav Thyvan, is a farmer and cares for three children in the family’s home. They live in Khla Khmom Village, Siem Reap Province. Because Mr. T. is growing his business to meet the increasing demand of customers, he is requesting a loan of $1,200 to purchase wood to make more furniture for resale.

About Hattha Kaksekar Limited (HKL):

HKL is one of Cambodia's largest and most successful microfinance institutions (MFIs). It is committed to helping its clients achieve their business goals by providing sound financial services, and thereby hopes to contribute to the social and economic development of Cambodia. HKL specifically targets women and poor families in order to help them achieve increased financial security and quality of life, by offering various credit programs and encouraging savings. In accordance with its mission and its commitment to operational and financial sustainability, HKL contributes part of its net profits every year to support social development in education and healthcare.



Loan details

Loan length:

14 months
Disbursed date: September 5, 2008
Facilitated by Field Partner: Hattha Kaksekar Limited (HKL), a partner of Save the Children

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 5, 2008
Facilitated by Field Partner: Hattha Kaksekar Limited (HKL), a partner of Save the Children