Suth is 29 years old and lives in Baray district, Kampong Thom province. She has been involved in a farming business for more than 10 years, and it is the major source of her family’s income. She primarily plants rice and cassava on her own farmland. She sells the crops into the market of the province in the harvest season, normally earning approximately KHR 40,000 per day.
Currently, Suth would like to expand her business by purchasing an additional plot of land for cultivating rice. But she has inadequate capital to make it possible. That’s why she has applied for a loan from HKL, one of Kiva's partners, in the amount of KHR 4,000,000. She hopes lenders will not reject her loan and will give her this opportunity of a loan, which will enable her to go further in developing her farming business.
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.