Tim C. is a 49-year-old who lives in the province of Siem Reap. She earns her daily income by working in a private organization and is able to make a profit from her monthly salary. She now lives with her niece who sells a few items such as food, soft drinks and shampoo for additional income. Tim C.'s existing motorbike is getting old and is always breaking down. She wants to buy a new motorbike to replace the broken one but does not have enough money in her personal savings. Therefore, Tim C. has decided to request a loan from Kiva to buy a used motorcycle to drive to her work location.
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.