Hap B., 33, is a married man living in Takhmao City. He is a local crop farmer, growing rice and vegetables on his land, which came from his grandparents in 2005. His wife is a vegetable seller, and makes a profit of $3 per day on average. Hap B. owns motorbike and he also uses it to take his wife and the vegetables to the local market every morning.
Hap B.’s wife thinks that it is time to sustain her investment's growth and look for extra revenue, which she proposes to do by selling vegetables at the market. She wants to buy a larger quantity of vegetables to sell to retailers in the market, but she complains that she doesn’t have a big enough vehicle to transport more vegetables. To achieve her goal, Hap B. has decided to seek a loan in order to purchase a trailer to connect to his existing motorbike so that he can use it to pick up more vegetables. He will use rest of the loan towards purchasing farm supplies to use on his field.
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.