S. is a 58-year-old widow and mother. She has four children: three are married and one is single.
To earn a living, she owns a few rooms that she rents to people for a monthly fee. In this way, S. is able to generate an income to help control her family’s financial problems. She currently has other financial earners in her children who are employed at a various occupations.
S. finds it hard to travel anywhere because she doesn’t own a vehicle. She has always hired a taxi for transportation. She wants to eliminate this expense by asking for a loan from Kiva’s project partner, HKL, to be used to purchase a new motorcycle so that she can travel without paying for a taxi.
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.