Yeth Y. is a 38-year-old man and ox-trader. He normally goes to buy cows at a reasonable price from people who live in the rural area at the frontier of Phnom Penh. He also fattens cows from his home and will sell them out to farmers to gain income. Another source of daily income for his family comes from his wife, who works in a garment factory. Yeth Y. was married years ago and is blessed with three school-aged children. Yeth Y. will be using the loan to improve his oxen trade and buy a plot of land, and will rent the land out to farmers to gain extra profit.
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.