Tim T. has been operating a grocery business in front of her home for more than three years. She can make around $3.00 per day from her business and she uses her income to manage her family’s living expenses. She also relies on the proceeds from her husband’s taxi. This family has six children; two are married and four are single. Two of the children are employed in a garment factory and the rest are in school.
Tim T. has gained many valued customers and income because she is skilled in public communication in her village. Recently she sold nearly all of her groceries and she wants to acquire more inventory so she can continue selling. Because the lack of money, Tim T. has decided to talk a $500 loan from Hattha Kaksekar Limited (HKL), a Kiva field partner.
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.