Mr. Kranh S., 48, has musical instruments for rent. Normally, he rents to people in his area who are celebrating happy ceremonies or wedding parties and he gets around US$ 30 each time. He has been running this business since 2005 and earns around US$ 150 per month. He is married to Mrs. An Chhay, 45, who works raising pigs, and they have eight children; four married, four single. Three of them are employed as garment workers in Phnom Penh. Kranh and his wife need a loan of US$1,000 to purchase more new, modern musical instruments and to buy a second-hand motorcycle with a cart to transport his instruments for his business.
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.