K., 47, has been a farmer for years. In addition, she operates a loom out of her home, which she uses to operate a silk-weaving business. She is married to San Rom, 52, who is currently planting a variety of vegetables to earn a living. This couple has five single children, one of whom is employed. K. is aware that her weaving business is very profitable because she has earned significant income from it. She also has a lot of customers who recognize the high quality of the silk she braids. K. will use her loan to purchase a new loom to better satisfy the needs of her customers.
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.