Kak is one of residents from Prey Chor district, Kompong Cham province. She is 57 years old and married. She has six children, all of whom have independent lives and live separately with their own families around the province. Kak is a farmer who owns a few hectares of farmland for rice cultivation, while her husband is in the business of making mortars and pestles and grinders for sale. Kak’s husband has his frequent customers who come to buy his products in the village.
Kak is asking for a loan from Kiva, through HKL, to purchase raw mortar for her husband to make mortars and pestles and grinders. She hopes to obtain a good income from the investment. In the future, she would like to expand her family-owned business and save some money to renovate her present house.
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.