Mrs. Lea is a mother of 3 single children, operating a business in front of her house. She sells breakfasts like pork porridge and noodle soup, generating an income of approximately $4.00 per day.
One among her children is now working at a garage to contribute some of his income to support the family, and he gets his payment monthly. His workplace is a bit far away from home, and he doesn’t own a motorcycle to commute to his work. Therefore, he has spent a lot of his pay for a motor-taxi service every day. For this reason, Mrs. Lea wants to borrow some funds from HKL and Kiva to buy a used motorcycle for her son for travelling to his workplace. This loan will help her family reduce some expenses and better their living conditions.
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.