Ry is 25 years old and married, raising five children with her husband in Baray, Kampong Thom province. She started farming at a young age with rice and cassava cultivation and now that is the only source of income for the family. With support from her husband and children, Ry is able to earn approximately KHR 32,000 per day. She aims to increase her farming area and improve her productivity. To make her dreams a reality, she has applied for a loan of KHR 2,500,000 to buy a plot of farmland. This will be a great opportunity for her to finance the purchase of land to increase her farming productivity. She hopes to have better yields and boost her income. Ry and her family rely heavily on the good will of the lenders and will be thankful for their 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.