Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Status update - November 30, 2023

Kiva has decided to end its partnership with Hattha Bank after nearly 16 years and over $11 million in loans. We have valued our long and fruitful partnership with Hattha Bank over the years. Hattha Bank is now more financially sustainable and Kiva is looking to focus on other partners that can benefit more from the support of our lenders.

The partnership is now in inactive status, which means that Hattha Bank will no longer fund loans on Kiva, although Kiva expects the partner to continue sending repayments owed to Kiva lenders as long as the partner has an outstanding balance. If and when this partner requests to fundraise on Kiva again, Kiva will first perform any additional monitoring and due diligence we deem necessary.

Hattha Bank, previously Hattha Kaksekar Limited (HKL), is one of the largest and most successful Microfinance Banks in Cambodia, providing microfinance services to the poor, particularly women, in urban and rural areas. Hattha Bank was founded in 1994 by Oxfam Quebec and became a nonprofit organization in 1996. In 2001, it registered as a limited company with the Ministry of Commerce. In August 2020 Hattha Bank obtained the license of a Commercial Bank from the National Bank of Cambodia and changed the name from Hattha Kaksekar Limited to Hattha Bank.

Hattha Bank helps its clients build their own businesses by providing sound financial services, including lending, savings, and money transfers, thereby contributing to Cambodia's social and economic development. The organization provides individual loans with flexible loan repayment schedules in all business sectors, including agriculture, transportation, and construction. 

As of January 2020, Hattha Bank operates 177 offices across the country and serves 172,169 active borrowers. After more than two decades of operation, Hattha Bank has remarkable experience lending to poor families in rural and urban areas. The organization is dedicated to the continuous expansion of its services as it matures and grows the geographical coverage within Cambodia. 

Hattha Bank is a subsidiary of Bank of Ayudhya (Krungsri), one of the largest commercial banks in Thailand, and a member of MUFG Bank, Japan’s largest banking group.