Suon, age 46, is a single mother of two married children. She is a farmer, and engaged in growing rice on her family-owned farmland in Siem Reap province. She learned this business from her parents and older siblings at an early age. It is the sole source of her income.
At the moment, she has applied for a loan of 250 US dollars to invest into her farming business. This investment will help her to buy fertilizer for her rice crops. Giving enough fertilizer to her crops will maintain them at a high production rate.
She said her farm work is almost complete, and she’s just waiting for the upcoming harvest season, so she will have much time to do other business activities to supplement her income.
She is very happy with the loan support, and she is confident of paying her loan on time. This will be her sixth loan cycle from HKL.
The previous loans were favorable because it allowed her to develop her business and improve her living conditions.
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.