Mr. Vin Y. is 60 years old and a resident of Phnom Penh City in Cambodia. He is married to Mrs. Mao Rith (shown in the picture), age 60, and they make a living planting crops in the village. This older couple has given birth to three children who are married and have already started new homes. One of them is a garment worker, while the others are also running a farming business. Because the farming business is the main source of income and a profitable one for the family, Vin Y. would like a loan of US$1000 from Kiva through HKL to be used to buy more farming supplies to grow his crops. In addition, he will use some of the loan to provide a small loan to his villagers with specific schedule repayments.
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.