Huoth is a 47-year-old married woman who has been residing with her family in Baray district of Kompong Tom province. She, as well as other local villagers, operates a farming business to generate income for the family. She does her farm work based on traditional methods and still uses animal’s strength to maintain her business. She grows seasonal crops for sale such as rice and potatoes. Huoth is responsible for five single children, two of whom are employed in Phnom Penh city.
She has owned two cows but they are getting too old, so she will sell them to local traders and buy two strong cows for her farm work. Due to insufficient funds, Huoth would like to ask for a loan of USD 900 to purchase a couple of cows. Huoth hopes to improve her business through using the loan from lenders. In the future, she intends to expand her business, renovate her house, and at least help her children finish their studies at high school level.
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.