Originally from Prey Chor district, Neang lives with his wife and children in a thatched house. His family’s income totally depends on the agricultural business, especially cultivating rice. Having been in this occupation for more than 40 years, Neang, together with his wife, ensures good crop production and is able to generate an income of approximately KHR 15,000 per day. They usually use it to cover their daily expenses, including household bills and meals.
Neang currently needs a farm animal, which will help him in their rice paddy in the coming rainy season. In this connection, Neang is asking for a loan of KHR 2,300,000 to buy a cow for his farm work. He believes that someday his business will grow and become a viable source of income.
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.