Vong K., age 41, makes a living by selling fish. She sells the fish that her husband gives her or that she buys from other fishermen. She currently earns an average of US$2 a day. She has been running her business for years. Her husband is 41 years old and is a fisherman who works along a local river. Vong K. is the mother of three children: two are married and one is single.
As well as fish selling, she has always grown different kinds of vegetables on her own land for extra income. Unfortunately, her vegetable crops are not growing well because it was too dry at the start of this year and this may influence her crop. She faces a difficult season if she is not able to irrigate her crop. Vong K. is taking a loan to purchase a water pump for her vegetable crops. With the rest of the funds, she will buy a cart horse for her son who does not yet have a job.
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.