Khol, age 41, is married to So his business partner. They live in the Baray district of Kompong Tom province. This couple has given birth to five children - two married children and three single children.
To provide daily sustenance for the family, Khol is in the business of making and trading Khmer natural medicines around the province. Most of his children help him in the business when they are free from their studies. The Khmer natural medicines are made of many kinds of tree roots and do not cause bad effects on people’s health. Cambodian people believe that some kinds of illness can’t be treated by modern medicines. From this type of business Khol can generate income around USD 8.00 per day which he uses to satisfy his living needs.
Due to the lack of vehicle Khol has encountered difficulties in transporting his medicines to the marketplaces. In connection to this matter, he would like to take out a loan in the amount of KHR 3,000,000 to purchase a motorcycle for the support of his business. Also, it’ll be used for household purposes. Khol hopes to receive this loan to better his living situation. He has been an honest client of HKL. With the previous four loans, Khol said that they really helped his family make good progress.
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.