Mrs. Chhuon, 46, is a farmer from the Ornlong Veng district of Siem Reap province. She has resided and worked there since she was a young girl. Now she is married to Mr. Sreang and has three children. They grow seasonal crops such as rice, potatoes and some kinds of beans as well. When their crops are ripe, they cut and collect them, taking them home for daily meals and to the market for selling. Together, this couple makes a good profit of $8 each day to cover their financial needs and support their children's schooling.
Mrs. Chhuon said that it is very difficult to go anywhere without her own motorcycle because she has to spend money to take a motor-taxi service every day. Thus, Mrs. Chhuon is taking out a loan from HKL, one of Kiva’s partners, to buy a motorcycle. It will reduce some expenses and provide good transportation without taking any taxi services. In the future, she wants to expand her business and her current house extensively.
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.