Suy T., age 47 and a widow, is a farmer. She grows a variety of crops on her farmland, which she inherited from her grandmother. She has three children, one of whom is grown and working as a repairman in the local car station.
Suy T. recently bought a plot of farmland from her neighbor to supplement her existing land, but she paid only half of the total cost of the land and the rest is on credit. She would like to take out a loan in order to pay for the remainder of her newly purchased land and begin to make full use of this additional asset to her farming business.
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.