Mr. Chuo, 36 years old, lives in the Reussey Keo commune of Phnom Penh. He has a small kiosk where he sells Khmer noodles to his neighbors and other people in and around his community. He generates a profit about US $3 a day to help support his family’s expenses. Mr. Chuo was married but he is divorced from his wife and now lives with his mother, a homemaker, who controls the household and the cash flow. Mr. Chuo has four teenaged children, two of whom are employed in different jobs. Mr. Chuo will be using all of this requested loan money to purchase a pumping machine and to plant lotus.
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.