Sam C., age 23, is married to Meang Ly, age 20. She has one child who is still not enrolled in school. Her husband has been earning a living for many years by climbing the palm trees behind his house. On average, Sam C.’s husband could earn a profit from this business of around $2 each day. Currently, some materials which he uses for climbing palm trees have broken down from extensive use. To help her husband’s business, Sam C. will use her loan to buy ladders for her husband, some containers for storing palm juice, and other required equipment.
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.