Mrs. Pech is 37 years old and married with 8 children. She earns a living by fishing with her husband along Tole Sap River, one branch of Mekong River. This couple tries hard in order to raise their children, some of whom are working to help the family’s condition. Through fishing, Pech and her husband can generate a profit of $8.00 per day. Pech said that some of her fishing materials are very old and ruined, which have a bad effect upon her daily income. And now she is taking out a loan from HKL and Kiva to buy fishing tools and a machine boat. With the increase in income she’ll earn, she will save it to open a general store for her daughter selling mixed products to the people in the community.
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.