Teng is 62 years old, a widowed woman and the loving mother of three children. Her oldest son is working as a garment worker, and her second son is a driver; they both share some of their earned salary with family members to better their living status.
Teng, however, doesn't rely on her children; instead, she has been involved in agriculture more than 30 years to generate a decent income. She has a few pieces of land where she grows rice once a year with the help from her last born child.
Teng is requesting this loan to buy a motorbike to help her employed children commute to work. Also, the bike can be used to transport the family without any costs; this will help the family to save more.
In the future, she plans to expand her agricultural business and make some home improvements.
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.