Mr. Noem M. has been engaged in the animal sale trade since 2006. He buys cows at reasonable cost from the rural citizens and fattens them for a while before selling them to farmers or slaughterers. By doing this, he is able to receive $5 a day to serve his family’s daily food needs. Noem M.'s wife sews clothes in industry, and they help each other to earn money in order to feed their two children who are enrolled in school. Noem M. has a problem with transportation. He travels to buy cows by hiring a taxi. He hopes to eliminate this expense and is requesting a loan of $1200 to be used to purchase a new motorcycle for transportation.
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.