Basket-making business is a main business activity for Cheng, 28, followed by rice farming. She is a single woman who lives with an elderly mother in the Pouk district of Siem Reap province. She learned how to make baskets from her mother. From this type of business, Cheng is able to earn approximately USD 5.00 per day. She said that she doesn’t have any worries with this business because there are many customers who are waiting to buy her finished products. The more products she makes, the more money she will earn.
In order to improve her transportation, Cheng now would like to ask for sufficient funds through HKL to purchase a motorcycle, which she will use to transport her products to the marketplace. This is Cheng's first loan, and she is confident of being able to pay it back punctually.
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.