Pe is 40 years old, widowed, and an industrious mother of a single child attending a local school. She has many years of experience in managing a farming business. She plants various kinds of crops on her own farmland, located in the Baray district of Kompong Tom province. Her common crops are rice, beans, potatoes, maize, and vegetables. To have good crops and ensure a high production each season, Pe always hires laborers to work on farmland, take care of her crops, and harvest them as they become mature.
Pe would like to take out a loan of 2,500,000 Riel (KHR) to pay for labor costs and rent a tractor to till the land for growing her crops. This loan will be precious capital for her to continually develop her business. She will use the income generated to save for the future growth of her business and for her 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.