Mut S., age 51 and widowed, sells a variety of Khmer cakes from her small kiosk in the Reussey Keo commune of Phnom Penh city. She has many clients and receives many orders for her cakes. Her client base is continually growing and she is able to generate a small income to help support her family.
She has five children, four of whom are unmarried. Three of her daughters are employed at the garment factory as workers, and they always contribute their profits every month to Mut S. toward the family expenses.
Mut S. has a son who is not yet working and has no resources to start a business. His mother wishes to help get him started with a job, but she has no immediate cash to make that possible. For this reason, she would like to request a loan in order to purchase a used motor-trailer taxi so that her son can begin a service 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.