Because their income is not sufficient to support the family’s expenses, she wants to pursue an additional business of oxen rental. Mrs. C. is requesting a loan of $300 to purchase an ox. She will then be able to rent out the ox to local farmers that need it to plow their fields, but cannot afford to purchase and take care of an ox on their own. By pursuing this business venture she hopes to increase her family income.
About Hattha Kaksekar Limited (HKL):
Hattha Kaksekar Limited (HKL) is one of Cambodia's largest and most successful microfinance institutions (MFIs). It is committed to helping its clients achieve their business goals by providing sound financial services, and thereby hopes to contribute to the social and economic development of Cambodia. HKL specifically targets women and poor families in order to help them achieve increased financial security and quality of life, by offering various credit programs and encouraging savings. In accordance with its mission and its commitment to operational and financial sustainability, HKL contributes part of its net profits every year to support social development in education and healthcare.
About HKLHattha 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.
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