Koem is a local rice farmer from Kampong Chhnang province, where she lives with her husband and two single children. She is 53 years old and married to a farmer. Koem and her husband help each other manage the business and secure the family above the poverty line. Nowadays, both of her children are working for garment factories in the province and they can live independently.
With the loan she has requested, she would like to buy spare parts for her plowing machine to replace the broken ones. Also, she will buy chemical fertilizers to put on her land. She mentioned that it’s the fourth loan for her and it’ll help her improve her farming business again. She has been a honest client with HKL for many years. She will pay her loan back to lenders 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.