Sa M., age 50, is a local cloth vendor in Phnom Penh. Sa M. sells cloth retail to passersby from village to village around her community. Most of her buyers need her cloth to use for their uniforms and for decorating. She makes a profit of approximately $3 per day from her investment and contributes her income to provide her family daily food. Her husband assists her in selling cloth. Sa M. has four children: two are married and two are students, who also help sell her product when they are not studying. Sa M. is asking for a loan to purchase more cloth to sell in order to gain additional profit.
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.