Phan, 28, is a married woman with two dependent children. She permanently resides with her family in Reussey Keo district, an area of Phnom Penh. She helps her husband earn and manage the income by dedicating her time to rice farming. She has five years experience with this type of business and she is able to generate an averagel income of 2.00 USD per day. Phan’s husband works with his team to provide a mobile construction service around the country. By taking this loan, Phan will purchase a bamboo ladder that will be attached to a palm tree and used for collecting palm sugar. With the remaining funds, she will cover her house expenses. This loan will give Phan and her husband an opportunity to get involved in the palm sugar business. Phan is hoping to standardize her living status and educate her children to a higher level.
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.