Horn, aged 55, is a fisherman working along the Tonle Sap River and also a farmer, growing rice and lotus. He has been operating in these businesses for nearly 23 years, making an income approximately USD 8.00 per day, which he uses for daily food and other home expenses. He is married and a loving father of three children, two of whom are still depend on his current income.
As it is his second loan cycle, Horn will use it to invest into both farming and fishing business. He will buy fertilizers and seeds to apply to his crops. And he will also purchase fishing nets and gasoline for his boat. He is expecting a boost in his earnings and dreams of expanding his family-owned businesses. He is very thankful to lenders for financial support.
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.