Mrs. Chanthavy T. (pictured here), 38, and her husband, Mr. Vichet Meas, 42, were married in 1992 and have four children: three sons and one daughter. The family lives along the Tonle Basac River, a tributary of the nearby Mekong about 15 kilometers from Phnom Penh, the capital city of Cambodia.
Chanthavy and her husband are farmers. They grow jasmine flowers on their farmland. Besides farming, they also sell jasmine flowers at the market in Phnom Penh. Some they buy from farmers in the village for resale; some are from their own farm.
Chanthavy is requesting a loan in the amount of $1,000 to purchase jasmine flowers from farmers on contract. She needs to pay money to the farmers first, before the harvest season. She also will use a part of her loan to buy a pesticide applicator to use on her jasmine-flower farm.
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.