Pen M., 69 years old, owns a small shop next to her house where she sells food to people who come across the road. She typically makes around $3 of profit each day to meet what her family needs. She was married, but her husband died of senility years ago. Although she is now a single woman, she is a fantastic mother who has tried to ensure that her children have suitable jobs.
Pen M. is running her business well because she has skills in communication that she uses with her customers. However, her income is not very much as her business has come to a low capacity due to insufficient financial capital. Pen M. wishes to have more money to increase her capital, which will allow her to improve her profits. This is why she has decided to ask for a Kiva loan.
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.