Mrs. Rat R., age 59, is a local crop farmer. She has been operating this business since she was single and is able to make $2 per day. She has another financial earner who climbs many palm trees to tap juice to turn into sugar to sell. The family takes care of two kids, while another three are now married and live independently.
Rat R. wants to have a vehicle to better provide transportation for the family. However, her goal is not possible because, although she tries to save up money, she hasn’t enough cash yet to buy one. Thus, Rat R. is humbly requesting a loan of $800 from Kiva through HKL to be used to purchase a motorbike to make her family’s traveling more comfortable.
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.