Koeun is a 23-year-old man who makes a daily income by running a motor taxi in Siem Reap Province. From this occupation, he can earn around US $3 each day. His wife manages household work and plants a few vegetables to generate some additional income.
Koeun is worried about his old motorbike, which needs to be fixed very often. For this reason, he has applied for a loan to buy a new motorcycle to replace the broken one. He will use a few parts of his loan to plant vegetable crops.
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.