Um is 62 years old, married, and has ten children. Seven of them are already settled for marriage while the rest of them are still single and living with her in a small home at Baray district, Kompong Tom province. Um, like other villagers, operates a farming business to generate income. She plants and harvests rice and potatoes for sale each harvesting season. However, the income she generates from the business seems rarely enough to satisfy the family because Um owns only a small-sized piece of land for farming. Um plans to increase its size some day and make it more productive and thus she will be able to provide basic necessities for her family.
In order to go a long way in pursuing the attainment of her goal and to augment her income, Um would like to ask for a loan of KHR 2,000,000 to purchase farm supplies for her potato crops, including fertilizers and pesticides. She hopes that her family will be secure and she will be able to afford to provide comfortable living conditions for her children.
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.