Suon, 31, is a widowed mother of a child. She and her child live with her older sister in a house located in a suburb of Phnom Penh. She has been involved as a market vendor for a year selling grocery items from a rented booth of a local market. Most of her customers are people living in her neighborhood who come to the market every day. From this business, Suon is able to make around 10 USD per day, which she usually utilizes to buy food and pay for the education fees of her child.
Suon is requesting an 800 USD loan to buy more inventory for her store so that she can satisfy her customers’ needs and increase her sales. With the support from the loan, she will purchase items like spices, ingredients, vegetables, biscuits, toiletries, cosmetics, and other miscellaneous things. Suon hopes that she can serve her customers with a wide variety of products and obtain higher profits to better 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.