Mr. Saroeun N., 55, and his wife, Mrs. Sava Pun, 52, were married in 1976 and have six children: two sons and four daughters. Two of their children are married and live outside the family home and the other four children are in school. The family lives along national road about 20 kilometers from Phnom Penh, the capital city of Cambodia.
Saroeun and his wife have been farming for twenty-seven years. They grow rice and cauliflower. The couple don't have enough capital to use for their farm and that is why Saroeun is asking for his second loan of $1,000 to use for growing rice and cauliflower.
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.