Prum is 53 years old and a single parent with one single child and three married children, living in Batey district, Kompong Cham. She is in the rice farming business to support her family.
In order to make a sustainable living, Prum would like to borrow some funds from HKL, a partner of Kiva, to purchase cashew nuts in bulk from local villagers to stock at home. She will sell them at a profitable price over the next few months. This investment will allow Prum to improve her standard of living. She will save some money for her last-born child’s education.
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.