Suong is a tailor in the Kompong Speu Province, which is the best place for agriculture. Most of the people who reside in this province use their existing farmland to plant a rice crop or other crops following the rice season. Besides her current tailoring business, Suong works in the crop-growing business in order to get more net income. To generate more profits, her husband is employed as a causal construction worker. When he has some time fR. that job, he always assists Suong on the farm.
They are blessed with two children who still study in the local school, and they depend on their income for a few needs such as food, clothing and education. This is the rainy season, which is best for planting crops, but Suong doesn’t have money to plant yet. That is why she has decided to ask for a Kiva loan to buy seed and some sacks of fertilizers so she can start to grow her crop. With the remaining cash, she will buy two cows for replacing their old cows.
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.