Mrs. Sou Y. started her grocery business a long time ago. She is a 60 year old villager living in a rural area of Kompong Tom province. She is a widow with five children, four of whom are married and employed with different jobs while one remains a student. She currently sells cooking ingredients, sweets and other items, to villagers. Most of her clients buy on credit and return income after a few days later. This is the second cycle of the loan she has requested. Sou Y. will use this loan to purchase grocery inventory to sell.
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.