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Mang is a 60-year-old man and a responsible father of six children. He is involved in the agriculture businesses, and he raises pigs and farms rice. He has been in this business for years with some help from his children and wife. His wife, who shares the goal of developing their living standard and helping their children in their future education, contributes her income earned by weaving baskets to sell in local markets of the province. Recently their son, Raksmey aged 18 (pictured), graduated from high school and passed his exam with grade C. Raksmey wants to continue his chemistry studies at Royal University of Phnom Penh. He loves to study in this field and wants to become a high school chemistry teacher.

At this time, Mang has applied for a loan to pay for the university tuition fees of his son. With this loan, he can now accommodate the expenses of his son. Raksmey, pictured here, will be furthering his education with the funds from this loan. His father, who is not included in the picture, is applying for the loan from Kiva and will be responsible for principal repayments. He thanks lenders for distributing their funds in a program like Kiva via its partner HKL to push students to get better education.

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
  • 143
    View loans »
    Cambodia Loans Fundraising
  • $41,481,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $300 helped Mang pay for the University tuition fees of his son.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Oct 1, 2013
Nov 3, 2013
Currency Exchange Loss:
Aug 17, 2014