Mr. Suos S., 60, is a hardworking and determined father who tries to earn money to feed his six children. All six of the children are learning in high school or universities. He has another small financial earner in his wife who sells porridge for breakfast time.
To pursue a daily income, Suos S. has equipment that he uses to provide a blacksmithing service and has some laborers to help operate his service. By doing this, he has ability to send his children to school and university.
Recently, one of Suos S.’s kids finished high school and needs to learn in a university but it requires a fee. Because of this, Suos S. has decided to seek a loan from Kiva’s field partner, HKL, to be used to pay the university fee.
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.