Tou is 64 years old, married and a loving father of eight children. Tou works hard to support his family, growing and harvesting rice on a few pieces of farmland in Prey Chhor, Kampong Cham province. Tou has been a farmer for more than 40 years and farming has been the major source of his income. Through his hardships, Tou is able to earn a daily income of USD 6, which he usually uses for daily meals and other living costs.
Tou successfully repaid his previous two loans and now has requested a USD 1,500 loan though Hattha Kaksekar to buy a tuk tuk for his son to operate a transportation business, so as to make additional income for the family. He hopes that lenders will not reject his loan and he promises to repay it on time.
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.