Mrs. Chheng S., age 49, is newly married. She has four children from a previous marriage: two sons and two daughters. Two of them have full-time employment in a restaurant, and other one is a construction worker. The family lives on an island in Mekong River about fifteen kilometers from Phnom Penh.
For 30 years, Chheng has been a silk weaver, a skill she learned from her mother. She sells her finished products to a middleman, who then sells them in the Phnom Penh market. Chheng is requesting her first loan of $800 in order to purchase silk materials for her weaving business and to buy a motorbike for commuting.
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.