Mrs. Yat Y. is a local farmer, aged 45. She is a resident of Kompong Tom, Cambodia. To earn a living, Yat Y. buys small pigs and raises them for four months before selling them. She typically makes about $2.50 a day. Yat Y. has another financial earner in her husband who is a chop-wood (firewood) seller. Her husband is always complaining he faces a problem with transportation because he has to hire animal labor to deliver his chop-wood from the forest. Yat Y. is requesting a loan to buy a couple of water buffalo for her husband to use to pick up his firewood. This loan will allow the family to reduce their business expenses.
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.