Net is 74 years old. He has had loans from HKL two times already and has successfully finished paying back his previous loans in full. He was satisfied with the outcome of the loan because his harvest is growing very well. Now he is coming to the HKL office again to request another loan, which will be used to establish a new retail business for his household. His wife and one of his children will be responsible for running this grocery store that is located at their home. Net, with the support of this loan, will buy stock inventory such as noodles, spices, sweets, beverages, laundry detergent, shampoos, and other miscellaneous household items. He believes that, through the investment, he will be able to earn more profit and improve his living standard. In the future, he intends to gradually develop his current businesses and make some home improvements.
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.