The focused business for Uk’s family is farming, on which they rely for their livelihoods. Uk and her husband have been managing a farming business for over 10 years, primarily growing rice and kinds of beans on their two-hectare farmland. They can generate 12,000 KHR each to cover their daily costs and to support their children’s education. They have three single children who still depend on their income while another is married and lives separately.
Uk is seeking for ways of improving her household income and to upgrade their living standard, so now she would like to start up a pig-raising business which will serve as additional source of her income. Due to the lack of capital, she is asking for a loan in the amount of 2,000,000 KHR to purchase piglets for fattening and feeds for their nutrition. Someday, Uk hopes to become a successful entrepreneur in her village.
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.