Mr. Vuy B., age 27, and his wife, Mrs. Sarin Soth, age 29, live in a small village along National Road Number five about twenty kilometers from Phnom Penh. They were married in 2007 and have a newborn child.
Vuy has been a fisherman since he was married. He fishes from the lake nearby his village and his wife sells the fish at Prek Phnao market. He doesn’t have all the supplies to efficiently operate the fishing business, so he is requesting his first loan of $700 to purchase a boat engine and fishing nets.
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.