Mr. S. is 40 years old and a resident of the Pursat province, Cambodia. To earn a living, S. sells firewood that he harvests, from the forest. He has been running his business since 2000, and is typically earning an average of $3 per day. S. is married with three children who are dependent on him and they are also going to school. His wife stays at home to care for the children and also sells a few groceries for a profit. S. is applying for a loan as capital to purchase a water buffalo to connect with a cart to serve as his wood harvesting transportation.
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.