Mrs. Chet is 32-year-old woman who has been living in a suburb area of Phnom Penh. She is married to Mr. Hong, a local farmer and cow breeder. The couple wishes to have children but unluckily, they don’t have one yet. Chet helps her husband in earning income by selling fried bananas to the people in the community. As shown in the photo, she is frying her bananas. Through this simple business, she can generate approximately $5USD a day. This year, Chet’s husband plans to buy a cow for breeding, yet their capital is inadequate. And now, Chet is asking for a loan from Kiva’s funders to support her husband’s business. This loan will help this family increase their profit in the future.
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.