Mrs. Yan is a 30-year-old villager who has been living in Steung Sen district of Kompong Thom province. To earn a living, Mrs. Yan works as a farmer, growing rice crop. Her husband, Mr. Hak, works as a local construction foreman. They are blessed with two school-aged children. Together, they typically earn the equivalent of $15 USD per day to meet the family’s needs.
Currently, Mrs. Yan has only a few plots of farmland, which produces an unsatisfactory amount for the family’s requirements during the year. Therefore, Mrs. Yan requests a loan through HKL, a Kiva partner. She will use this loan to purchase additional farmland for growing rice. She hopes that this loan will make her living conditions better.
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.