+1994: A food security project established by OCSD/OXFAM-Quebec, a Canadian organization, provided loans to rural people in four communes of Pursat province.
+1996: The food security project was registered with the Ministry of Interior of Cambodia as a non-governmental organization (NGO) called Hattha Kaksekar. In Khmer, "Hattha Kaksekar" means "Farmer's Hand" or "A Helping Hand for Farmers". The Head Office of Hattha Kaksekar NGO was based in Pursat province.
+2001: Hattha Kaksekar (HK) NGO was registered with the Ministry of Commerce with paid-up capital of USD 77,850 to transform itself into a limited company with a new name, Hattha Kaksekar Limited (HKL). At the same time, HKL was granted a three-year license by the National Bank of Cambodia to operate microfinance services across Cambodia.
+2003: HKL increased its paid-up capital from USD 180,000 to USD 257,850. This came from capital investment from CORDAID, based in the Netherlands. CORDAID held 19 percent of the total shares and became the fifth shareholder of HKL in addition to the existing shareholders: HK NGO, HK Staff Association, Solidarité Internationale pour le Développement et l'Investissement(SIDI), and a private shareholder.
+2007: The savings account and configured systems were put in place. Meanwhile, HKL increased its capital from USD 257,850 to USD 1,339,700. Due to its sustainability in terms of finance, operation and governance, HKL was offered an MFI permanent license by the National Bank of Cambodia.
+2008: There was a new capital injection from Oikocredit, Norfund and Triple Jump in HKL. Thus, paid-up capital of HKL increased to USD 2.7 million. Within the year, HKL introduced the Local Money Transfer Service to its clients and the public to adapt to their changing needs.
+2010: HKL was offered an MDI "Micro-Finance Deposit Taking Institution" License by the National Bank of Cambodia due to the sustainability of its operations and finances. This license disclosed one of HKL's successes in providing customers with financial services, permitting HKL to officially mobilize savings from the public. Remarkably, the MIS team was working on equipping the Core Banking System to provide a prompt and efficient service, and in response to the company´s strategy to transform itself into a commercial bank in the future.
+2011: The registered capital of HKL was raised from USD 2,716,800 to USD 4,036,800 to adapt to the volatility of its business environment. The rise in capital was derived from capital investment of responsAbility and other shareholders.HKL had already installed the new Core Banking System as planned. The new system enabled customers to withdraw their money as needed at all HKL offices.
In early 2011, after the conducting of an institutional rating to evaluate its banking business by Microfinanza Rating, HKL received a grade of "A-" which reflects very good operation and performance. This means that the institution is stable despite being affected by major internal and external events, and that the risk is being appropriately monitored and managed to minimize its effects.