Chan T., 40, lives in the rural area of Kompong Chhnang Province, where she sells items to earn a living. She married years ago and has a young son who is already enrolled in the primary school. Typically, she generates an income of $6 per day from her investment and uses her profit to contribute her family’s daily living expenses. Her husband is a local teacher for a secondary school. She said that she will use half of her first loan to purchase more inventory to sell, and the rest to order rice in bulk from farmers, at which point she will store the rice awhile and resell it for income. The loan will provide her with extra revenue and improved living conditions.
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.