Hoeun, aged 38, is a loving father of one child living with his family in Reussey Keo district, an area of Phnom Penh. He strives to work to provide a proper financial solvency to the household. From a motorcycle taxi stand, he usually seeks for people to provide his service to, and he is also contacted by his frequent customers via phone. Apart from his hardship, he is fortunate to earn approximately 5 USD per day. Hoeun is very delighted that his wife helps him in generating income by raising pigs at home.
Hoeun would like to borrow this amount to buy piglets and feed for the good nutrition of pigs. Hoeun and his wife hope to distribute their pigs into the markets for a higher price when they mature. They will use the profit they will gain from the pigs to reinvest into the pig-raising business and to make some home improvements. Moreover, Hoeun will never forget about the education of his child.
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.