Phon is now requesting a loan from HKL, a longstanding Kiva partner, to buy cashew nuts in bulk from local villagers to stock for future sale. Based upon experience in previous years, she believes that this project will result in significant revenue which she will use to develop her hog-raising business and save for any future emergencies in her family.
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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Success!! The loan was 100% repaid