Ha Y., 48 years old, is a widowed woman who owns a small house and a grocery shop, where she sells many items, including cooking ingredients, sweets, shampoo and soft drinks. Ha Y. retails her inventory to people who are passing by and who are also her neighbors living near her house. She has been running a grocery investment for a long time and earns an average of $5 a day. She also relies on her son’s business. He normally needs to reserve a section of the pond where small fish grow, and he also catches them to sell when the fish are mature. Recently, he has needed more money to supply his business, so Ha Y. has requested a loan of $1200.
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.