Mrs. Kin is 40 years-old and a responsible mother of four children, living in Prey Chor district. She is in the same business as her husband, cultivating rice crops within each season of the year.
This time, for a second loan, she is borrowing KHR1,500,000. She plans to use the loan to buy stocks of cashew nuts from her local villagers’ plantations. This project will create a good income for the family later.
With the increase of her income, Kin will use it to expand her businesses and she hopes to uplift her family out of poverty someday.
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.