Every morning, Mrs. Sim R. travels to the market where she frequently buys ingredients that she uses to make traditional cakes. She makes the cakes at her house before selling them to villagers for a profit. Another source of family income comes from her husband, who works driving a motor-taxi. The couple has four children who are already married.
Sim R. has a son who makes wooden furniture, but his income is not very much as his business has come to a low capacity due to insufficient financial capital. Sim R. is taking out her loan to increase the capital of her son’s investment, which will allow him to improve his profit.
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.