Yet, at the age of 52, is a widowed mother of four children whom are currently employed as garment workers to financially support the family. From Yet's house situated in Reussey Keo district, she owns a business of producing hammocks and retails them to those who live in the surrounding areas. She has been doing this for almost 13 years and earns approximately USD 1.50 per day.
This is the first loan that she has received through HKL. She intends to use it for her daughter’s wedding party, which will incur heavy expenses. Yet has never received previous loans from other local State banks, but HKL provides her a loan with better terms and a much lower interest rate. She is very pleased and thankful for the loan, which will enable her to manage the costs in the wedding of her daughter.
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.