Seng L., 55, is a local rice cultivator who has been farming on his own land for many years. He is married to Khoum, 56, who assists him in the business. They have given birth to five children; two children are single and the other three are married.
One son works repairing cars in the market in Phnom Penh City. He can earn a profit of about $6.66 per day, and he is the core revenue-making person in the famiL.. RecentL., he has lacked some money needed to buy additional materials required for providing his services. To encourage his son, Seng L. is seeking a loan from Kiva for his son to purchase some equipment necessary for fixing cars.
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.