Yem is a 50-year-old married woman who owns and manages a rice farming business to support her family. She has been doing this since she was a teenage girl with her parents. She permanently lives with her spouse and 6 children in a thatched house situated in Prey Chor district, Kompong Cham province while her married child lives separately with his new family. Most of her children quit studying and started working in various careers to help their parents financially. Only her last-born child is still attending school and Yem plans to provide him a high education.
Yem’s husband is an operator of transportation services in their neighborhood. He owns an old motorcycle in providing this type of service. Unfortunately, his motorcycle has mechanical problems, which results negatively in his revenues. With regard to this situation, Yem decided to take out a loan of 1,400 USD to purchase a new motorcycle to support her husband’s transportation business. She surely believes that she and her husband will be able to sustain their businesses and make a consistent income for their living’s needs.
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.