Mrs. Phalla S., 33, and her husband, Mr. Sokha Ung, 39, live along national road number one about 17 kilometers from Phnom Penh. They have three children: two sons and one daughter. The eldest son is a garment factory worker.
Phalla has been selling groceries for four months. She buys grocery items from Korky market about 2 kilometers from her village for resale at her shop, which is in front of her house. She is able to get a gross income of about $2.50 per day. Besides selling groceries, Phalla is also a farmer. Her husband has been a construction worker for 15 years.
She is requesting her first loan of $700 in order to purchase a motorbike for her son to drive to work.
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.