Yoem, 51, is married and living with his wife and four of his six children in Kompong Speu province. Yoem supports his family’s economy with the income generated from farming. Yoem has been in this occupation for over 30 years and he has his wife as a great business partner. Most of Yoem’s children are currently working to help improve their household income, except for his last-born child.
Yoem is requesting a loan to buy a motorcycle for his three daughters who are employed in a local garment factory. This will help them in their transportation needs, reduce fees, and save time. Yoem is very happy and appreciates the loan help. His dream is to have a big farmland and educate his last-born child up to a higher level.
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.