Mrs. K. sells her finished products to a middleman who resells them at the market in Phnom Penh, the capital city of Cambodia. The villagers also hire Mrs. K. to spin silk, and she earns extra income from these jobs. In addition, her husband owns a car and uses it to pick up passers-by for income.
Mrs. K. hopes to earn more profits, so she is requesting a loan to buy mango in bulk from farmers and then sell the mango retail in the market for a profit. She will also use 40% of loan to repair a broken car.
About HKLHattha 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.
117View loans »