Mrs. On S., 47, with her husband, Mr. Leum Lay, 36, makes charcoal to sell, earning US$5 per day. She sells the charcoal from her house to her customers, who are wholesalers who come to buy at a low price. Because her income does not support the family's expenses sufficiently, Mrs. On and her husband discussed their income and family expenses, and she wants to increase her income from charcoal selling by transporting the product to customers’ homes. To achieve her plan, she needs to purchase two oxen and a cart to use for transportation. She faces, however, the obstacle of lacking money to carry out this plan. She heard about Kiva loans through a promotion of HKL (Kiva’s Field Partner). Hence, Mrs. On needs a loan of US$1,200 to purchase two oxen and a cart to use in her business. The loan will improve her business and increase their income, and she can support the family's living expenses sufficiently and their children's education as well. Mrs. On and her husband are in the picture with her charcoal kiln.
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.