Thiep, age 67, is a rice farmer. She is the single mother of five children and lives in the Prey Chor district of Kompong Cham province. Thiep owns farmland where she plants and harvests rice, some of which utilizes for food for the family and some of which she offers for sale in her neighborhood to earn a living. Her business is in a good location, as there is enough water supplying her crops to allow her to harvest her crops twice a year. She has been engaged in this enterprise for more than 30 years.
Thiep is requesting a loan in the amount of KHR 1,000,000 through HKL in order to celebrate a general religious ceremony with her fellow villagers and to pay for expenses incurred in preparation for the ceremony. She will use the rest of her loan funds to cover immediate costs of her family’s expenses.
She plans to steadily expand her farming business so as to improve the general living conditions of her family.
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.