Mrs. Chea K., 32, owns a small handcart that she uses to sell snack food around her community in Phnom Penh, Cambodia. She typically makes around $2 US profit each day to ensure that her family has a comfortable life. In addition, she and her husband always buy used goods to resell, and they can generate $7 US a day from this business. The couple has been married for years and has two teenage children, one of whom works in a coffee shop. Mrs. K. would like to use her loan to buy more stock of used goods for selling.
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.