Mr. Chamroeun H., age 22, is single and lives with his widower father in a small village off of National Road Number Two about twenty kilometers from Phnom Penh, Cambodia. He has one brother and four sisters.
Chamroeun has been a lathe operator for 2 years. It’s a skill he learned from his father. He doesn’t have his own transportation and spends a lot of money for traveling cost, so he is asking for his first loan of $1,000 in order to purchase a motorbike for commuting to work.
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.