Meach is 48 years old, a resident of Siem Reap province, where she owns and manages a farming business. She cultivates annual crops, primarily planting rice for sale each harvesting season. At the same time, Meach is also a rice trader who purchases rice in bulk from local villagers during the harvesting season, and then resells it for a profit.
Due to the lack of funds to invest in her rice trading business, Meach is now asking for a loan of USD 1,000 to purchase a stock of rice for future sale. With the increase in her income, Meach will invest in a hog-raising business in order to double her income. She promises to pay back her loan in full.
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.