N. now wants to sell wholesale: she would buy the jewelry in bulk from the field and then take it to Phnom Penh, the capital of Cambodia, herself. Doing that, she can earn a good profit. So N. is applying for a loan to buy more jewelry for her shop.
The other members of the group are:
C., 41, who sells soft drinks and is taking out a loan to buy a sugar cane juice machine for her business; and
N., 49, who is a local construction worker and is taking out a loan to buy more construction materials for her work.
About HKLHattha 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.
This is a Group Loan
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Success!! The loan was 100% repaid