Kim S. is a 58-year-old widowed mother in Phnom Penh City. She has a son who currently lives with her in the family home. Her son is employed as a worker in a private factory and is also a bicycle repairman. Kim S. has been working as a primary school teacher for more than ten years in her community. She also provides a vehicle parking service in the school, which fetches her up to $7 a day. Kim S. said that her old motorbike has broken down and she spends much time repairing the vehicle. To reduce repair cost, she would like to request s loan from Kiva to purchase a new motorcycle to replace the broken one.
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.