Koy is 46 years old. He is a married man living in Kompong Speu Province, Cambodia. Presently, he is a farmer. He has generated income from his farming business for many years with his wife. He grows rice crops in the land his grandparents own. From this business, he earns about $2 each day. He and his wife have four children. To assist his income, three children of his are working hard as garment and sewing factory workers in Phnom Penh city, where they earn a suitable salary per month. His other children are in school.
Due to the rainy season and the lack of capital, he is requesting a loan in order to grow his farming business. He will use this loan to purchase fertilizer, seeds and other materials for supporting his farming business. He hopes that this loan will create more income in his family to widen their house. And on the other hand, he will send his children to study at a high level, as others.
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.