Mrs. Ly has sold porridge to her nearby villagers for breakfast, Reussey Keo community, and she earns a daily income of around $3 each day to use in the family’s needs. Mrs. Ly’s husband works as a motor repairer and sells fresh fish to generate more profits. He is able to make $6 a day. She is married with three kids, all of whom attend school and need her care. She says she wants to buy a used motorbike for her children to drive to school as their house is so far from the school. Her kids always spend money for the motor taxi every day when they need to go out for studying. Because she doesn’t have enough savings on hand right now, Mrs. Ly is asking for a loan to buy a motorcycle for her children to drive to their school location.
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.