Chhan K., 42, is a sewing worker in the garment industry in Phnom Penh City. She has worked at this job for over three years, and she gets a fixed salary every month. The family has another earner in her husband who is a construction worker. They have three single children who all still study in school.
Chhan K. would like to ask for her loan to buy a secondhand motorcycle for her traveling needs. She says she always spends at least thirty percent of her gross salary for transportation costs. This loan will save her expenses on motor taxi fees.
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.