Roeung is 24 years old, married, and has a lovely young child. Roeung is a rice farmer like other villagers. She cultivates rice for the family’s daily food while her husband works in a small restaurant in Phnom Penh to provide the family with income. Aside from her rice farming business, Roeung wants to help her husband earn income by selling grocery items.
Due to inadequate capital, Roeung would like to take out a loan in the amount of USD 1,500 to purchase merchandise to sell in her small convenience shop such as canned food, spices, soft drinks, sweets, cigarettes, biscuits, and other household products. With the help of this loan, Roeung will be able to start up a new business, which allows her to make additional income to raise her children and provide basic necessities.
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.