Nut K. N. is a 64-year-old woman, married to Hao Chhun, age 66, and they both appear in the picture here. This old couple has seven children, three of whom are single, and the other four are married and live in their own houses.
She has one daughter who has worked as a tailor in the province of Kompong Cham for many years. Presently, her daughter wants to run her own business, but her savings account is insufficient to make it possible. To encourage her daughter, Nut N. would like to ask for a loan from Kiva to buy a sewing machine and some fabric for her daughter as the material for starting her new business.
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.