This couple currently owns a medium-sized stall that they use for raising pigs and cows. During the coming farming season when the heavy rains immediately begin falling down, that is the best time for Khoeun S. to begin growing her crops. Due to their lack of capital, Khoeun S. would like a loan of US$ 1200 from Kiva’s partner HKL. She will be using her loan to buy two cows in order to alleviate her hard labor on the farm and to buy fertilizer and seed for planting. In the future, she proposes to breed her cows for their young.
About HKLHattha 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.
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Success!! The loan was 100% repaid