Um is a 56-year-old married man and a loving father of six children, residing in Kompong Speu province. Currently three of his children are working in different occupations making and income, and they often contribute their salary with Um to satisfy and cover the family’s needs. The remaining children are attending school and living under his support. His wife also assists him in his business. From their farming business, the couple is able to make an average income of USD$1.30 each day; they use it for other expenses.
Um is asking for his first loan to buy a new motorbike for his children to commute to workplaces as well as use for the traveling needs of his family. With the remainder, Um will purchase small piglets for raising.
In the future, he expects to go on to buy more piglets for breeding and support his children to finish high school and university degrees.
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.