Saslesy is 34 years old and married with one child. He lives with his wife and child in a suburban area of Phnom Penh. His wife is a homemaker, so he is the only breadwinner in his family. He makes a living by creating knives from metal and selling them in markets of his region. He has been doing this for five years and earns a profit of $11.00 per day. However, his business is not so stable as their living costs are increasing from day to day. Apart from his current business, he is always seeking ways of making additional income to secure the welfare of his family members. A loan of 1,000 US dollars will make his dream of having retail store at home a reality. It will be managed by his wife. This way, he and his wife can help each other earning income to save for their child when he grows up. He will use the loan to start up a retail business and buy merchandise to sell in his new store. Thanks for constant support from kind lenders.
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.