Mrs. Y. Ke, 41, and her husband, Mr. Touch Soeur, 38, were married in 1996 and have two children: one son and one daughter, both of whom are in primary school. The family lives along National Road Number 1, about 15 kilometers from Phnom Penh City.
Y. was hired by the villagers to spin thread for income. Her husband has been a baker for 20 years. He works at a bakery shop located in Phnom Penh. She is applying for her first loan of $600 to purchase two more spinning devices for her thread-spinning 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.