Chhin R., 57, owns a small wooden house and a grocery store in front of her house, where she sells many items, including cooking ingredients, sweets, soft drinks, and gasoline. Her customers include passers-by and neighbors. She has been running her business for a long time and earns an average of $1.50 a day. She is taking out a loan to buy more inventory for resale. To help ensure the family’s financial stability, her husband works as a state officer. The couple now live with six children who are going to school and to work.
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.