Pol is 66 years-old, a widow, and an industrious woman who has been living in Baray district of Kompong Tom province. She is a mother of three children, one of whom live separately with their new family. For Pol’s family, rice farming is the main business, which she can generate her income to support the living needs. However, she just owns and cultivates rice on a few plots of her existing farmland. Therefore, the income seems barely enough to cover her daily expenses due to the high cost of commodities. And recently, her two single children are working in various jobs, a construction worker and a garment factory worker, so that they can help their mother earn the income and raise the family out of poverty.
Because of the lack of a vehicle for commuting to their workplaces, Pol’s children are experiencing difficulties and they have to pay a lot for taking motor-taxi services. To reduce the expenses on transportation fees, Pol decided to ask for a loan from HKL in the sums of KHR 2,000,000 to purchase a second-hand motorcycle to be used in the family. This loan will take part in developing her family’s living condition.
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.