Thuon C. is a 42-year-old single woman. She lives in a medium-sized home with her children in Kompong Cham Province. She owns a piece of farmland that she inherited many years ago from her grandparents. She has been using this land to cultivate rice crops since 1990. Thuon C. was married years ago, but is now divorced from her husband. She has two children who are working in various occupations.
This is dry season, and Thuon C. has planted her dry-season rice field. However, it is still not growing well because it lacks fertilizer. To solve this problem, Thuon C. would like to ask for a loan to buy a few sacks of fertilizer to improve her crop, and gasoline for the irrigation pump. She hopes that she can use the rest of the funds to buy rice while the prices are low, to resell later for profit.
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.