Selling a few fresh fish is the main activity of Mrs. Phonn. She always takes fish from her husband and other fishermen in bulk for a reasonable amount. The family typically generates a revenue of US$8 each day and has been in their business for over 10 years. Currently, Mrs. Phonn always uses her motorbike to pick up her fish to sell at the busy market but now her old motorbike has broken down while driving and her saving account is not enough to replace it. That is why Mrs. Phonn requested a loan. She will buy a new motorbike as well as more fish to continue selling.
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.