Keo is a resident of Kandal province. She is 47-years-old and married with four dependent children. To make a living, Keo and her husband operate a traveling sale business, making and selling ice-cream in local areas. They have been in business for three years and earn a proper income from these activities.
Due to inadequate working capital to maintain her business, she has requested a loan amounting to 1,500 US dollars in order to buy ingredients to make ice cream to sell. This loan will be favorable to allow her to boost income. She plans to use the additional revenue generated from the loan to save as a reserve for future business as well as emergencies of their family.
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.