Mrs. Chut operates a fish-selling business in a local market in the Baray district. She earns around $2.50 per day to cover household expenses. She is 33 years old and a loving mother of two school-age kids. Her husband helps contribute income for the family by working hard on the rice field and also providing motorcycle service to the people around his neighborhood.
At this time, Mrs. Chut is taking out her second loan from Kiva to purchase rice seeds and fertilizers and to pay for a plowing fee. She hopes to grow her dry-season rice as much as she can and make a good income from the output. She intends to support her two children until they graduate from a 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.