Mrs. Phlorng D., age 60, is a widow with three sons and seven daughters. Six of them are married and live outside the family home and another two have full-time employment in Phnom Penh City. Phlorng’s family lives in a small village on National Road Number 2 about twenty kilometers from Phnom Penh.
Phlorng has been a farmer since 1979. She grows rice. Two of her daughters are garment factory workers and they spend a lot of money on transportation costs, so it’s difficult for them to manage income to support the family. To improve the situation, Phlorng is requesting her first loan of $1,000 in order to purchase a motorbike for her daughters to use to commute 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.