Teng is a 63-year-old inhabitant residing in Kompong Speu province. She is involved in land cultivation, working hard to gather a plentiful harvest on one and half hectare of farmland. She has been working in the agricultural sector for more than 30 years and it has been the main source of her family’s income so far. Teng would like to expand her agriculture activity, and thus boost her production in years to come. Due to inadequate capital, Teng has applied for a loan to purchase a cow to help work more efficiently and minimize the operating costs. The loan is very important for Teng to be able to cultivate more rice, which will significantly increase her income. In the future, Teng hopes to have a better quality of life and secure the overall welfare of her 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.