Mrs. Lach K. is a rattan cupboard producer who is a 45-year-old, married mother caring for three kids, while another two of her children are already married and live away from home.
Lach K. and her husband have had a small rattan cupboard investment, since early 2005. This couple also orders rattan items in bulk from braiders and then takes them to sell directly at their client’s house. They always get outside of their house to sell their products around their community.
Recently, Lach K. got orders for rattan from her customer but her stock is not enough to serve them. In order to better satisfy the needs of the customers, Lach K. seeks a loan to stock a larger amount of rattan cupboards to sell.
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.