Y. is 49 years old and a resident of Phnom Penh. She is a mother of seven children. Four of her children are married and live independently, two others work in a garment factory, and the youngest one is a student.
Y. is a widow. She has been serving porridge and rice for breakfast to her neighborhood from her house since 2005. She is a capable mother and a responsible neighbor. She gets up every early morning to prepare her food to sell. She is famous because she is good at making a tasty porridge with pork and grilled meat.
She has earned a good profit from her business. She wants to build a small shop that provides meals for the whole day so that she can increase her income and prepare for the wedding of her next child. Y. is taking a loan of $1000 to build a small shop for her business. The loan will help the family attain a better standard of living.
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.