Vân N. has been a farming businesswoman for a long time. She lives in the province of the Kompong Cham province. Since 1979, she has owned and operated her farm to cultivate a rice crop, from which she earns a daily income. Her husband, Thim Than, is a 50-year-old farmer who helps her in the same business, and the daily revenue which he can make is about $1 a day. This is the time for preparing the dry-season rice-field, but her old cow is not able to help with the plowing process. So Vân N. has decided to ask for a Kiva loan to buy a new cow in order to replace the old one. With the remainder of the funds she will plant peanuts.
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.