Chot is 53 years old and married with eight children. It’s quite a big family, which sometimes causes her to experience financial difficulties due to the high cost of commodities. Chot, however, tries hard to be dedicated to her retail business, from which she is able to make approximately 32,000 KHR each day. She loves doing her business because she can build a good communication with people in her community. She has been operating this since 2010.
Chot plans to increase stock of her merchandise to satisfy her customers’ needs, but due to inadequate capital, she is asking for a loan of 1,500 USD to purchase items such as noodles, spices, powders, shampoos, beverages, snack foods, cosmetics, kitchen supplies, and other household products to sell. She says that the loan will enable her to improve her current stock, and she hopes that she will become successful 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.