Mrs. Chum is an old woman who lives in the Ang Snoul district. To make a living, she plants rice crops on her farmland. She has had a good skill with growing crops since she was single. From her crop-planting business, she can generate an income of around US$1 a day. Her husband also works alongside her in the field.
Mrs. Chum has three married children, one of whom is employed as a sewing worker in a manufacturing company and has a specific salary. With her income, she often shares some percentage with Mrs. Chum to cover the family’s needs. As the rainy season is coming, Mrs. Chum wishes to plant her crops, but her old cows can't help her in the farm field. To solve this problem, Mrs. Chum is asking for a loan to buy new cows to replace the old cows.
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.