Yan is an industrious farmer who has been living in the Baray district of Kompong Tom province. He is 58 years old and married with six children, two of whom are already married and live independently around the province.
Yan can earn income from three different types of business: rice husbandry, fishing, and also as a paid worker. Yan has worked hard because he desires to meet the needs of living and pursue a good quality of life. Also, Yan consistently supports his children’s education, which will enable them to become professional some day.
It’s now rainy season in Cambodia and Yan is very busy with his farm work as well as fishing. He has some of his children help him in the two businesses. Due to the shortage of capital for the purchase of a fishing boat and a motor, Yan has applied for a loan through HKL in the amount of KHR 3,000,000. Through this equipment, Yan strongly figures that he can earn a good profit 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.