Mrs. Hing M. is a hardworking woman who has spent her life cultivating crops. Mrs. Hing M., 40, is an older woman. She owns a few farmlands in which she grows crops. Her husband works in a private organization in the province of Kampong Chhnang and has a proper salary to cover the family expenses. This couple has four children, all of whom are currently single. Mrs. Hing M. has had great success growing crops, which is an annual process. She is able to plant the crops at least twice a year. Unfortunately, her old cow is getting old, and it can’t support her during the plowing process. Because of that, Mrs. Hing M. is taking out her first loan to purchase a new cow to replace the old one, and the remainder of the loan will be used to buy fertilizers for her crop.
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.