Mrs.Ven is a 25-year-old married woman who lives in the Baray District of Kompong Thom Province. She has married Mr. Chea who is a rice cultivator. They have given birth to two kids who are living under their care. To make a living, Mrs. Ven sells different kinds of goods in her community. She can earn about $3 USD per day in her selling business. Mrs. Ven sells basic necessities, for example milk, rice, oil, toilet paper, eggs, some fruit, etc. To upgrade to a comfortable life, her husband has decided with her to purchase a plowing machine but they do not have enough cash to buy one. So Mrs. Ven and her husband are requesting a loan through HKL, a partner with Kiva, to purchase a plowing machine to help support in farming business as well as use for transportation firewood to sell in the marketplace. Mrs. Ven is expecting that this loan will make her family earn more benefits. In the future, she hopes to send her children to study at the university.
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.