Chea, 50 years old, is a humble man and married, with two grown children. Chea has received three loans from Hattha Kaksekar Limited (HKL) already. He really appreciates that he was able to gain access to financial support with a suitable interest rate at the times he was in need. He found that the loans were very useful and enabled him to continuously develop his living conditions. Now Chea just stays at home and does some housework, being a responsible father and also helps his wife selling breakfast in a market of his region.
To help him start up a new business, Chea is requesting a fourth loan in order to buy a motorbike for traveling sales. He wants to link this motorbike with a trailer at the side, to sell meatballs and soft drinks. He is confident that he can improve his family’s income through the loan help. Chea thanks funders for lending him this money.
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.