Mr. Theary V., 28, and his wife, Mrs. Soklim Nao, 30 were married in 2003 and have three sons and two daughters. Their eldest son attends school and the other two are still too young. The family lives in a small village on National Road Number Two about twenty kilometers south of Phnom Penh, the capital city of Cambodia. Mrs. Soklim Nao has been a garment factory worker for six years.
Theary has been selling cows for over twenty years. He buys them from his villagers and the nearby district for resale to a middleman who comes to buy the cows at his house. Theary is applying for his first loan of $1,000 in order to purchase additional cows for resale.
MAXIMA Mikroheranhvatho 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.