Sam is 25 years old and married with a small kid. She lives in a peaceful village in the Prey Chor district with her family. She works in the same business as her spouse. They help each other manage their two hectares of farmland – primarily growing rice two times a year because she has enough water supplies from the nearby river. Sam is confident that with her experience and farming practices she can improve her farming business. However, Sam needs financial support to invest in it first. Due to lack of capital, Sam has applied for a loan of 1,000,000 riels to purchase farm inputs such as fertilizers and pesticides, and to pay labor costs incurred in transplanting rice. With the help of this funding, Sam can complete her farm work on time and she hopes to increase her rice production this season.
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.