Mrs. Chan, a 51-year old married woman, lives in Baray district of Kompong Thom province. Mrs. Chan has operated a small business as a fish seller for years. In order to process this business well, Mrs. Chan has to buy fish from fishermen in the village and from other suppliers to stock for daily sale as well as for the future sales. Her husband always helps her transport the fish to sell in a local market. Besides this work, he also provides a motor taxi service around the community.
Mrs. Chan has four children, all of whom work in various careers. Two of her children are students in a local public school, while one of the children is already married and has started a new family. This humble family earns a profit, on average, of $6.5USD per day to meet their needs. Presently, Mrs. Chan has run out of fish from her stock. Thus, she would like to request some funds to use as capital to buy some additional fish to continue selling in the future. For her prospect, Mrs. Chan hopes that she will be able to expand her existing business. She would like to increase her income from this fish-selling 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.