Mrs. Sren, age 40, is a mother of five single children, living in Kompong Cham province. To earn a living, she works together with her husband on their inherited farmlands. She earns approximately $1.50 per day. However, the income is not balanced with her daily expenses and the family condition is not so good. Presently, two of her children work in a garment factory in Phnom Penh city and they get a salary of $80 each.
Mrs. Sren wants to borrow this loan to purchase a used motorcycle to satisfy her family and to avoid the expenditure on transportation fees. For her prospect, Sren hopes to build a strong farming business and expand her farmland, thereby increasing her output and household income.
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.