Prum is 69 years old and a single parent who is responsible for five children, living in Kampong Chhnang province, Cambodia. She has spent most her lifetime dedicated to rice farming business. She owns a few hectares of land for transplanting rice. She has some of her children help her in the business every year. Aside from this business, she owns and operates a small store for selling grocery items to local people in and around her commune. And recently, one of her children also is involved in the business of selling grocery items in a market of Phnom Penh. Due to the needs of capital to renovate and enlarge her daughter’s store, Prum would like to take out a loan of KHR 3,000,000 to support her daughter in expanding her store. This loan will enable the family to financially sustain and upgrade their living standard.
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.