Un B., age 37, is a fish vendor. She sells small quantities of fish in and around the province of Kompong Tom province. This is a business she has operated for more than ten years. Un B. buys her fish from a wholesale supplier. She usually earns a profit of approximately $1.30 per day to help support her family’s expenses. The family has another financial source in her husband, who works in the farming business.
Un B. currently uses an old motorcycle for collecting her fish from the supplier, but it is in disrepair and presently inoperable. She has spent considerable amounts of money on repairs. In order to deal with this problem, Un B. is asking for a loan from Kiva to buy a used motorcycle to replacing 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.