Khut has just come to HKL for the first time to gain access to financial services to improve her business and living. She is a 59 year old married woman who has been residing in Reussey Keo district, Phnom Penh. She manages her rice farming business along with her husband on her existing inherited farmland. She has been doing this business for more than 20 years. She spends most of her income on daily sustenance and her children’s education. She has five children. Two of the children works for a garment factory to help the family.
With the amount she has requested, Khut would like to buy extra farmland to further expand her business. She said that she will be able to increase her rice production and household income through using this loan. She wants to save the income she’ll generate for her children’s future education and for the emergencies of the family.
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.