Mrs. Kimhong C. (shown in the picture), 32, is widow with two young sons. Besides her sons, she also has her mother living with her in a small village along the Mekong River about 15 kilometers from Phnom Penh.
Kimhong has been a silk weaver for 24 years, a skill she learned from her mother. She sells her finished products to a middleman, who then takes them to sell in Phnom Penh. She is requesting her first loan of $200 to purchase silk materials for her silk-weaving 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.