Yin M., 37 years old, is married and lives in the Dongkor district of Phnom Penh City. Yin M. sells groceries from her home. She has had experience in this business for many years and earns approximately $8.33 per day. To share in family responsibilities, her husband built a small workshop where he provides a vehicle washing service. This couple has been married for years and they have three school-aged children. In order to increase her income, Yin M. wishes to expand her grocery business by asking for a loan from Kiva. She will use the funds to purchase a larger amount of essential grocery items to sell.
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.