Mach, aged 38, is a widowed mother residing in the Prey Chor district, Kompong Cham province. As a responsible mother, Mach cultivates rice on her existing farmland to generate income for the family. She has been doing this as the major source of her income for more than 20 years. Since she has a large farm, she typically yields a good income of $7.00 USD per day, from which she is able to satisfy her living needs and send all her children to school.
Recently, two of her children have married and live with their new families, while the remaining one lives with her and helps her farm. Mach plans to use her generated income from farming to invest in germinating rubber tree seeds. After the trees are grown, she will sell them to local plantation owners for a profit.
Due to insufficient funds, Mach is now asking for additional capital of $1,000 USD to purchase rubber tree seeds for germinating. She believes this loan will enable her to keep developing her business and thus become financially stable. She hopes that someday her family will be able to have a good standard of living.
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.