Prak is 64 years old and an industrious farmer. She lives in the Prey Chor district in the province of Kompong Cham. She has been farming rice for more than 30 years with the full support of her husband. Prak has four children who are married and live independently.
Aside from helping her in farming, Prak’s husband devotes his full attention to a carpentry business. He makes furniture such as stools, chairs, desks, beds, tables and similar things. He makes these items based on his customers’ orders.
Prak would like to borrow a loan from Kiva lenders to help her husband in his business by purchasing carpentry tools such as chisels, and hand and machine planes. Prak will use the remaining funds to renovate her old house for better living conditions.
Through this loan, Prak hopes that her husband can go a long way in his business and thereby yield more income.
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.