Ban is a single mother who has been responsible for six children since her husband passed away. Ban, 58, doesn’t rely on the income from her employed children, but instead she is currently employed at home, earning approximately of $2.50 per day to support her family with food. Ban’s main business activity is to prepare pieces of clothes according to the requirements from her employer. She has been doing this type of business for almost two years from Reussey Keo district, Phnom Penh.
Ban is now taking out a loan in the amount of $1,500 to purchase a motorcycle to help her children in their traveling needs. Reducing traveling costs will enable Ban’s children to save unnecessary expenses and revert to satisfying their living needs. Ban has borrowed and repaid two loans from HKL before this loan. Ban aspires to send some of her children to participate in a university program after they complete high school.
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.