Moa P., 52, is a low-income person currently living in Phnom Penh. To earn a living, she sells some cooking supplies to the neighbors from her home. Typically, she is earning an average of $3 a day as support for her family. Moa P. is married to Beung Ponh, age 57, a land trader. He also helps his neighbors buy a plot of land for a commission. This older couple now lives with three single children; one of whom works in construction and the others are attending school. This is the second loan Moa P. has requested. She will use this loan to buy more grocery items and to buy rice, in bulk, which she will sell out when the commanding price is high.
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.