Loeung is 49 years old, a resident of Baray district, Kompong Tom province. She is married but at present she has become a single mother of two school-aged children. She is a very hard-working mother who owns and manages a farming business to support the family and educate her children. She has been in this business for more than 24 years, earning approximately USD 4.50 each day.
Loeung wants to expand her business, but unfortunately she suffers from financial constraints. This is why she decided to request a loan of KHR 1,300,000 to hire laborers to take care of her potato crop and transplant her rice. She is very confident that this loan will allow her to earn higher profits and to offer a better future to her family. She plans to purchase extra plots of land to expand and increase her production in years to come.
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.