Ngim is married and has five children, one of whom is single and depends on his income. He makes his living in agriculture, growing rice on his own farmland located in Prey Chor district of Kompong Cham province. From this business, Ngim is able to generate a net profit of 2 USD per day. He has support from his wife and some of his children. He learned the farming business from his parents.
The loan that Ngim is requesting from HKL is for the purchase of a motorcycle, which his employed children will use to commute to work. They used to pay for taxi services, which increased their monthly expenses. With this purchase, Ngim will help his children save for future emergencies.
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.