Phorn is 33 years old and a married woman. She has been blessed with two children who live with her and her husband in the Baray district of Kampong Thom province. To earn a living, Phorn and her husband are in the business of making and selling rattan products in local regions. She also buys rattan products and beds from other villagers to resell for a profit. Through her hardships, she is able to make approximately 12 USD per day.
To help her further develop her business, she would like to acquire a loan in the amount of 1,500 USD as working capital to buy rattan products and beds to resell. This loan will enable her to sustain her business and make a consistent income for her family. Phorn and her family rely heavily on the goodwill of lenders and will be thankful to them for their support.
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.