Most Cambodian people who live in the countryside prefer to do farming for their livelihoods. One among them is Mrs. Sreng, who is 47 years old and the mother of 5 children. She has been engaged in this business with her husband since 1993 in Reussey Keo commune, Phnom Penh. Together, they typically earn an average of $4.00 per day and work hard to support the family.
During this season, Sreng is taking care of her rice crops that are growing. She has to take out small plants that are not useful and keep the level of water in the rice field in good condition. However, there are many insects increased that always come to damage her crops. Sreng is applying for a loan to buy insecticides to protect her crops.
With the rest of this fund, she’ll buy some fishing supplies that can be used to catch fish, crabs, and other creatures from the water for daily food. This loan will help support some part of her living.
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.