Bunthoeun is a resident living in his own home with his spouse and four children in Kandal province. He is 30 years old and works in the construction industry. He also manages his rice farm for the family’s sustenance and raises 4 or 5 goats to trade for additional income. Through his hardships, he is able to generate an income of 10.00 US dollars per day on average.
Bunthoeun now needs a loan to help him improve his current businesses, so he has applied for a loan in the amount of 1,500 US dollars to buy goats for fattening before selling them to local traders and to buy rice seeds to sow on his land. He wishes to provide a better quality of life and a good education to all his children; therefore, he works very hard in his position.
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.