Mrs. Chay S., 59, has raised pigs in a pigpen behind her house for years, earning around $3 per day. She is married with three children, all of whom are married and have already started new family homes. Her husband is a rice farmer. He owns a hulling machine and provides his service to the rice cultivators in the village for a profit.
Chay S. will use the loan money to buy piglets to breed and a water buffalo to raise its future offspring for plowing the farmland.
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.