Nuo S., 54 years old, is a snack food seller. She operates her business in the local market where she rents a small kiosk for selling her produce. Besides selling food, she and her husband always cultivate a rice crop when the farming season approaches. Nuo S. is a good mother blessed with four kids. Two of her daughters are employed in the garment factory in Phnom Penh. Nuo S. said that her current income is not adequate to support her family and in order to earn extra income she hopes to run a suitable business, but she doesn’t have money yet to invest in it. Therefore, she decided to look for capital on Kiva to purchase a set of music instruments, which she will use to provide a music service for wedding party. This loan will provide her with additional income and a good standard of living.
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.