Mrs. Saom, a 59 year-old married mother of two children, is a very hardworking farmer who grows rice crops in the rainy season of the year. She also takes some time besides farming to buy and resell her bamboo baskets in various places together with her husband. Through those businesses, she can generate a profit of $2.5 per day.
Saom is asking for a loan of $1,000 to purchase a few plots of farmland. She will be able to grow more rice crops and make more profit for her family.
In the future, she will greatly expand her basket-selling business if she has a good market place.
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.