Heang, 32, is from Kompong Speu province and has been working in farming for more than 10 years. This has given her a lot of valuable experience in tending her crops, which mainly consist of rice. Her husband and young children also help her over the planting and harvesting period. With the profits she earns from her farm, she is able to cover some household costs, but it is barely enough to satisfy their needs. Heang would like to reduce some of her operating costs by obtaining funds from Kiva to buy buffalo, so that she does not need to hire them. Thus, she is applying for a loan to buy two animals to help her with the maintenance of her fields. With the loan, she will then be able to save more money and keep providing her family with everything they need.
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.