Mrs. Savoeun V., age 44, is a widow with one son and two daughters (shown in the picture with her daughter). Two children are in school and the other one weaves silk at home. The family lives in a small village across the Mekong River, about 15 kilometers from Phnom Penh.
Savoeun has been a silk weaver for over 10 years. She sells her finished products to a middle man in the village who then takes them to sell in the market in Phnom Penh. She hopes to set up one more loom for her daughter, which would help her to earn more income. Savoeun is requesting a loan of $600 USD to purchase silk material for her weaving business and to set up one more loom.
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.