Khouth is 47 years old and married with a single child who attends a local school. Khouth is an industrious farmer who pays full attention to agricultural businesses including rice husbandry and hog-raising. In addition, she uses her spare time at home to manage a small store selling sweets and packaged biscuits and spices, from which she can pay for her daily food. Uplifting her family out of poverty and educating her child to the college level are her priorities.
To improve her business activities, Khouth would like to take out a loan of KHR 4,000,000 from Kiva lenders. She will divide this loan into three portions, which will be used for each business. She will invest in her rice business, install more piglets for fattening, and purchase merchandise to increase her store such as spices, cooking ingredients, cigarettes, shampoos, and other home use products. She has a strong belief in developing her current businesses. Her patience and hard work will lead her to success in the future.
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.
A loan of $1,000 helped Khouth to invest in her rice business, to install more piglets for fattening, and to purchase merchandise to increase her store such as spices, cooking ingredients, cigarettes, shampoos, and other home use products.