Mr. Manh M. is a 43-year-old farmer and fish seller in Daun La Or Village, Kampong Thom Province. He earns an average of $3 per day. His wife, Mrs. Van Vet, is 36 years old and also farms and sells fish, earning about $2 per day. M. has four children, two of whom work in a garment factory and provide their family about $2 per day. Mr. M. is now requesting a $1,200 loan to buy a motorcycle for his business transportation. With his fish-selling business, he can increase his income so he can support his children’s studies and help reduce his family’s expenses. M. thanks Kiva for their support and promises prompt loan repayment.
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.