Mrs. Thida C. is sixty-five years old and a widow with four children, three sons and one daughter. The daughter has full-time employment in a company in Phnom Penh. One of her children is autistic, one son assists his mother in her business, and the other one is in school. The family lives in a small village in a suburb of Phnom Penh, the capital city of Cambodia.
Thida has been selling rice for ten years. She buys the rice from the market in Phnom Penh and resells it at the Chamkar Dong market. She earns a profit of about $37.50 a day. Thiday hopes to expand her business, so she is requesting her first loan of $400 to purchase more rice to sell.
MAXIMA Microfinance Plc is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.