Mes is 52 years of age and a single mother with eight children. Most of her children are employed and have independent lives. Nowadays, Mes patiently runs a fish vending business from which she generates about USD 4.00 each day on average. She uses her income to meet her daily needs and to care for the family, especially her school-age kids.
Men would like to take out a loan in the amount of USD 1,500 to purchase a used motorcycle for the entire family to use. This will help her children to get to their workplaces easily without taking motor-taxi services. This will help minimize the expenses in her family as well. She hopes to obtain this loan so she can better her family’s living condition, enabling her to increase her profits and save some more for emergency purposes.
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.