This entrepreneur is from Prey Chor district of Kompong Cham province, Cambodia, where local residents prefer agribusinesses, especially crops husbandry. The rural region provides a type of fertile land that enables them to pursue growing many different kinds of crops in both seasons of the year. Among them is Meng, 54, a married woman with three children. She has spent her life happily cultivating crops, especially rice and potatoes. Her spouse helps her maintain the rice field. Together, they are able to generate an income of 10 USD each day to cover the family’s daily expenses.
She now would like to borrow some funds from Kiva, through HKL, to pay for land preparation and to buy crop seeds to sow over her farmland. She hopes to have a good harvest in the following months with the support from our lenders. She is determined to pay her loan back regularly and punctually.
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.