Mrs. S. Morn, aged 34, and her husband, Mr. Piseth Ros, aged 41, have been married since 1993. They have four daughters, all of whom are in school. The family lives approximately fifteen kilometers from Phnom Penh.
Morn and her husband have been selling vegetables since 2005. They purchase them from farmers in their village and resell them at the market located in Phnom Penh. Morn hopes to expand her business, so she is requesting a loan of $700 to purchase vegetables on contract for resale.
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.