Soeut S. is married for more than 10 years and has five children--two daughters and three sons. Three of the children are in school and the other two are still very young. Mrs. S. learned to weave from her neighbor when she was 17 years old. She has two looms, one for herself and another one for her daughters and her husband to use. Mrs. S. trained her husband to weave, which every day while his daughters are in school. The children assist their parents at home with small tasks related to silk production. In addition, the family also employs a few young people in the village in embroidering and preparing the thread on the loom for weaving. The family believes this business will help their children gain real skills for the future. After having only one loom for years, a loan from MAXIMA helped Soeut build another loom for her husband. She would like a loan of $600 to buy silk materials and sewing thread. The business is doing well and they are confident they will be able to quickly repay the loan.
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.