Khek is a 45-year-old married woman who has been residing in the Baray district of Kompong Tom province. She and her spouse help each other in handling their farming business on their inherited farmland. They have been in this occupation for almost seven years old, typically earning approximately 2.40 USD per day. Most of their profit goes for sustenance, clothing and other allowances for their children. This couple has given birth to six children, all of whom are still single and living together with them under the same roof. Currently, her two oldest sons are working in the construction industry to help the family financially. For additional income, Khek also operates a small store from her home where she sells many types of grocery items.
Khek would like to increase the stock of merchandise to sell in her store in order to satisfy her customers living in her community. But due to the shortage of funds, she is asking for a loan of 1,200 USD to purchase beverages, snack foods, sweets, canned items, noodles, spices, and other miscellaneous household thing items. With any remaining funds, she will purchase a few sacks of chemical fertilizers for her rice crops. She believes that this loan will have a positive impact on her business as well as her living conditions.
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.