Mrs. Sothea L., 34, has been married to Mr. Phat Veng since 1997. They have two children, one son and one daughter. Both of them are still young and attend school. They are living on an island in the Mekong River about fifteen kilometers from Phnom Penh, the capital city of Cambodia.
Sothea is a silk weaver. She sells her finished products to a middleman in the village, who then takes them to sell in Phnom Penh. Her husband is a wooden house builder. She hopes to supplement her other business raising cows. She will get extra income from selling cows when they grow big enough. Hence, Sothea is asking for a loan of $1,200 to purchase cows to raise.
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.