Pho is a resident living in a small village, Baray district, Kompong Tom province. She is 32 years old and married with a lovely child attending local school. To make a living, Pho pays full attention to her agricultural business and also works as a paid laborer for extra income. She is very patient in completing her daily tasks at the field and takes cares of her family at home as well. Pho has been in these businesses for five years and typically earns in the neighborhood of USD 3.20 per day.
Prior to this loan, Pho had borrowed and paid off three loans already. Those loans were very helpful and had good impact in developing her family-owned businesses and her living conditions. And now, Pho would like to take out another loan of USD 1,000 to purchase a motorcycle both for business and home use. Her husband will use it to provide transportation services to local people. Pho believes that through the help of the loan her family will be better off gradually. And she hopes to obtain a good quality of life someday.
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.