Mrs. L. Un, 50, (pictured with her children) and her husband, Mr. Thorn Uk, 54, live in a small village across the the Mekong River and about fifteen kilometers from Phnom Penh. They were married in 1983 and have five children: three sons and two daughters. Four of their children are in school, and the youngest one is three years old.
L. has been a silk weaver for twenty-nine years, a skill she learned from her mother. She sells her finished products to the middleman in the village, who then takes them to sell in Phnom Penh. Her husband has been a house builder for nineteen years.
L. has borrowed money from Kiva through MAXIMA two times already and she used the loans to set up one more loom for her daughter to weave when she’s not in school. Now she is asking for another loan of $400 in order to purchase silk materials to continue her weaving business.
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.