Kreum O., 46, lives in Siem Reap Province, Cambodia. She earns a living by selling groceries from her house, including items such as cooked foods and sweets for kids. She has worked in this field for a long time. Kreum O. is married and has two children, both of whom are single and work in a nearby hotel. Her husband, Roun, 47, sells vegetables in the local market. The family is having transportation problems because they have to spend a lot of money on taxis. To reduce their transportation costs, Kreum O. is seeking a loan of $1,200 to buy a new motorcycle, which they will use to make their businesses run more efficiently.
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.