Nhoek Y. is a 19-year-old who lives in Saladeng Village in the Banteay Meanchey Province. She grows mushrooms to sell, and has been growing them since 2005. Her business is going well.
Her husband, age 28, is employed as a driver with a fixed salary, and he drives very well. The young couple have two small children. She also cares for an elderly woman who can help her a little in her work.
Because she wants to improve her family's income, she wants her husband to have has own car to drive as a taxi. Hence, she would like to request a loan, which she will use with her savings to purchase a used car for $3200 for her husband to drive.
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.