Po, aged 41, is married and lives in a densely populated area of Prey Chor district with his family. For a living, he is a diligent father who strives to be involved in many types of business ventures. He helps his wife manage their own farm of rice and also raises pigs, distills Khmer white wine and provides milling services to local farmers. He has been doing these business activities for more than 10 years.
He is applying for a loan from HKL, one of Kiva's partners, to help him to use as rolling capital for the purchase of rice for milling. After removing the covering of the rice seed, he can sell his rice to local traders for a profitable price, which he will use for home expenses, allowances for his children, and for paying back to the loan to HKL. He hopes to have a good profit with the loan support from kind lenders.
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.