Koem is 49 years old, married with six children and lives in the Ang Snoul district of Kandal province, Cambodia. Being a responsible father, Koem works hard every day to generate income so that he can cover his daily costs and send some of his children to school. Koem works as a mobile construction worker and travels around the country with his team, providing this service. Also, in the rainy season he is dedicated to his farming business, growing rice on his own land. In order to contribute to improving his family's living standards, some of Koem’s older children have left school and started working in a garment factory so they can share their income and help support their younger brothers and sisters to pursue higher education in the future.
Koem would like to help his employed children with their transportation needs, which is why he is asking for a loan in the amount of USD 1,000 to purchase a motorcycle so that his children can commute to their workplaces. This will help reduce some of their transportation expenses and increase their savings for the future of the family. This is Koem's first loan through Hattha Kaksekar Limited. He hopes that Kiva lenders won’t reject his loan and he thanks lenders in advance for their generosity.
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.