Nong is 41 years old, and she has four children. Three of her children are single and one is married. She has a common-law relationship with her husband, who grows rice and sells recycled materials. Nong makes a living by purchasing and sourcing hair for local hairdressers. She has been in this type of business since 2000, and she usually yields approximately 20,000 KHR per day. Due to insufficient capital for investment in her business, Nong decided to take out a 2,100,000 KHR loan in order to purchase more hair to sell. She plans to save some of her profits and use some to pay school fees for her children and be prepared for future emergencies in her family.
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.