Ly is 40 years old, married, and has three school-aged children, permanently living in Prey Chor district, Kompong Cham province. She and her spouse help each other in the farming business in order to support their living and to provide basic necessities for their children. Despite their hardship, they intend to send their children to a good university in Phnom Penh after they graduate from high school.
Ly would like to improve her farming practices and yield a better income each season, so she is asking for a loan in the amount of 2,000,000 KHR to rent a tractor to till the land and to purchase farm supplies needed for her rice crops such as fertilizers and pesticides. In the future, Ly aspires to be a successful entrepreneur who owns many hectares of farmland.
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.