The borrower, age 30, resides of Siem Reap Province. He and his wife have been working altogether in farming business, and is earning around $6.25 each day for financial expenses. The couple has three single children, all of whom are single and still depend on their income. Rainy season is coming now, and it is the good time to start to put in his crop. As he doesn’t have immediate cash in hand for doing farming, he has decided to ask for a loan for Kiva to buy seed, fertilizers and other farming material to support him in the farm field. With the loan, he wishes to increase the size of his crop and rebuild his old house to make it bigger at than present.
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.