Funded

Total loan: $500
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Chon


A loan of $500 helped to purchase farmland for growing rice.


Chon's story

Mrs. Chon C. is a farmer who lives in Baray Commune, Kampong Thom Province. Mrs. C. earns approximately US$ 2 per day growing rice and her husband earns about US$ 1.40 per day as a construction worker. They both work hard every day to earn income to cover the family's expenses, and they live with two children, both of whom are young.

Because of desiring to expand her farming business, Mrs. C. is requesting a loan of US$ 500 to purchase farmland for growing rice. The loan will help to improve their income and living conditions. The picture shows Mrs. C. and her husband.

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 12, 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 12, 2008
Facilitated by Field Partner: Hattha Kaksekar Limited (HKL), a partner of Save the Children