Mrs. Peng is a 45-year-old married woman and the mother of six children, living in the Baray district of Cambodia. To earn a living, she cultivates rice crops, as well as other crops, on her inherited farmland. She has had this business for years. Besides her farming work, Mrs. Peng also takes some time to raise piglets in her backyard. Typically, she is able to yield a profit of 4 USD per day, and she tries hard to support her family, especially her two school-age children. Mrs. Peng wants to use this loan to buy a stock of cashews from her neighbor’s farmland. She hopes that this project will provide her with a good income and improve her living.
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.