Thab C. is a 46-year-old farmer and mother. She was blessed with four children, all single. One of them is a hairdresser. Her husband, Doul Sophat, is 55 and works in the farming business. Thab C. inherited the farmland where she and her husband grow different kinds of crops from her grandmother. They grow different kinds of crops on their land, such as watermelon and morning glories, which they will sell to buyers every two or three months when the plants mature. Currently, Thab C.’s child wants to expand his business by purchasing essential equipment, but he lacks some funds to make it possible. Therefore, Thab C. is requesting a loan of $1,200 from Kiva through HKL to use for helping her child’s business to buy some equipment for cutting chairs. With the remainder of the money, she will buy watermelon seed for ongoing planting.
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.