Mrs. Chanthoeun P., 42, is a widow with one son. She lives on an Island in the Mekong River about fifteen kilometers from Phnom Penh. Her son has been a construction worker for one year; he is a farmer as well.
Chanthoeun has been a silk weaver for over ten years, a skill she learned from her mother. She sells her finished products to the middleman in the village, who then takes them to sell in Phnom Penh.
Chanthoeun is asking for a loan of $1,200 to purchase silk materials for her weaving business and to help her son by providing capital for his farming business.
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.