Mrs. Nga C. and her husband, Mr. Ang Chea, have been married since 1986 and have three children: one daughter, who sells vegetables, and two sons. One of them is in university. The family lives on an island in the Mekong River about 15 kilometers from Phnom Penh.
Nga and her husband are farmers. They grow many types of vegetables, such as tomatoes, papayas, and spinach, on their own farmland. They sell their products to middlemen in the village who then sell the products in Phnom Penh.
One of Nga’s sons is attending university and she hopes to support her son's further education so he has a good job when he is finished with his studying. Therefore, she is requesting a loan of $500 to pay school fees for her son. She will use part of her loan for farming as well.
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.