Sun, 30 years old, is in the business of cultivating rice crops and vegetables for sale. She is married to a local farmer, her business partner and the father of a single child. Sun typically earns an average of US $2.50 per day to support her family, especially for food and allowance for her school-aged child. Sun’s husband is a helpful man who assists her in all of their work and cares for their child. Moreover, he also operates a business selling firewood from a horse-pulled trailer to provide additional income for the family.
Sun wants to improve her family-owned business and better her living conditions. She would like to acquire a loan of KHR 4,400,000 to purchase an extra piece of land to expand and increase her rice production. With the remaining funds she will buy a young horse to pull her husband’s firewood trailer. In years to come, Sun will send her child to a good university and ensure a bright future for her.
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.