Sok S., 34 years old, owns a small shop in front of her house where she sells soft drinks, food, shampoo, perfume and other products. She typically makes around $2.50 of profit each day to support her family and have a comfortable life. She has been married for many years to Srim, 34, who is a local farmer as well as fast-food seller in and around his community using his existing motor vehicle. They have three children and all of them are students in the public school.
Sok S. runs her business well because she has skills in public relations which she uses with her customers. However, her income is not very large as her business has recently reached a low capacity due to insufficient financial capital. Sok S. wishes to have more funds to increase her capital which will allow her to improve her profits. She will use the rest of her loan to buy a used motorcycle for her husband because the old motor has been broken while being used. These are the reasons why she has decided to look for lenders on Kiva.
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.