Mr. Chhun is a 53-year-old widower. He lives with his 7 children in Kompong Cham province, where he has devoted his lifetime to rice farming. Through his business, he generates approximately $2.50 per day and tries hard to support his family. Four of his children work in various careers and share some of their income to satisfy the family’s needs. However, his two sons who are construction workers are experiencing difficulties in traveling to their workplace without a family-owned motorcycle. To solve this problem, Chhun decided to ask for a loan from HKL and Kiva to purchase a secondhand motorbike for his sons to commute to work without using any taxi services. Chhun is very happy and thankful for the loan given to him to improve his 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.