Chorn, age 40, is a resident from Ang Snoul district, Kandal province, Cambodia. She lives there happily with her spouse and three teenage children who are attending school. Chorn’s husband is a soldier and he’s not always at home. He usually goes to work in the provinces around the country and visits home just a few times a month.
To add to her husband’s income, Chorn dedicates herself to selling different kinds of desserts in the vicinity of a garment factory where many workers eat breakfast and lunch. From this type of business, she is able to make around 5.00 USD per day, which is used to cover her household expenses, including food, clothing and allowances for her school-age children.
Nowadays, Chorn’s family doesn’t possess a vehicle for their transportation needs, so she has encountered difficulties in transporting her desserts to sell at her rented booth. Because of this, she usually pays a lot of money for transportation fees. She wants to cut down unwanted expenses and save more money for her family. That is why she is now asking for a loan in the amount of 600 USD to purchase a motorcycle for the support of her current business as well as for household use. She hopes that her loan will be approved and that Kiva lenders will help her to make improvements in her 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.