Mrs. Vanny R., age 39, and her husband, Mr. Sarun Am, age 32, have been married since 1991 and have two sons. One of them is adopted and he is a policeman. The family lives in a suburb of Phnom Penh about 17 kilometers away.
Vanny has been a farmer for 20 years. She grows rice on her farmland in the village, while her husband has been selling cows for ten years. Vanny is requesting her first loan of $550 to purchase fertilizer and pesticide for her farming business and she will use a part of her loan to buy additional cows and oxen for her husband to sell.
MAXIMA Mikroheranhvatho 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.