Peou, 47, is a married woman and has a single child. She is in the business of making bamboo baskets for extra income, followed by a rice farming business. She has been involved in her basket business for almost 12 years. She sells her finished products to middlemen who come to collect the baskets through the community and continually sells them to a neighboring country, Thailand. Every rainy season, Peou usually starts growing rice on her family-owned farmland, which is not far away from her house. By the grace of God, Peou always has her husband help manage the rice farming business besides his main business as a construction worker.
Peou now is asking for a loan from HKL in the sums of USD 1,200 to purchase a motorcycle, which she will use for the family’s use as well as for business. This motorcycle will provide her family a comfortable transportation to anywhere they want, and it will help her family reduce expenses on transportation fees. In the future, Poeu wants to be a successful businesswoman collecting and trading bamboo baskets to the marketplaces herself.
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.