Mrs. Mov, age 35, is a farmer. She grows crops on her farmland to make income to support her family. She and her husband have three children and live in the Prey Chhor district of Kompong Cham province. Her husband helps to support the family in the same business. Together, they are able to earn approximately $3.50 each day to cover their financial expenses.
Mrs. Mov would like to ask for a loan from HKL in order to purchase a plot of additional farmland from her neighbor so that she can enlarge her farming business.
With the increase in income, Mrs. Mov will use the profits to support her children's education and to make essential repairs to the old house in which the family lives.
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.