Mrs. Krinh, a 71-year-old married mother of 8 children from Pouk district, is a very hardworking farmer who grows rice crops in the rainy season of the year. She also takes some time besides farming to weave and sell her bamboo baskets at home. Through those businesses, she can generate a profit of $2.50 per day. Krinh is asking for a loan in the sum of $1,000 to purchase a secondhand motorcycle for her two sons, who currently work as construction workers place-to-place around Siem Reap province. For her prospect, she wishes to own a store in the province to sell her bamboo basket products by herself.
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.