Mr. Pov C., 59, and his wife, Mrs. Eng Rous, 55, were married in 1972. The couple lives on an island in the Mekong River, about fifteen kilometers from Phnom Penh, the capital city of Cambodia.
Pov has been selling cows since 1982. He buys them from other districts far away from his home to resell in his village. He has asked for a loan one time already. He is now requesting his second loan of $700 to continue expanding his cow-selling business.
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.