Kiet D., 32, lives in Phnom Penh. To earn a living, Kiet D. sells various types of meatballs that she buys in bulk on credit from her regular supplier. She typically makes around of $5 USD income a day to help support her family's living expenses. In addition, her husband plants a few crops and is a fisherman. Kiet D. has five single children, three of whom are working in different occupations. Kiet D. currently needs to pay a lot of money to the owner of the market kiosk which sells her product. To eliminate this fee, Kiet D. would like a loan of $1000 USD to buy her own kiosk in the market.
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.