Mrs. Dasak S., 27, and her husband, Mr. Sophak Horng, 30, have been married since 2007 and have two children: one son and one daughter, both of them still young. The family lives on an island in the Mekong River about fifteen kilometers from Phnom Penh. Her husband has had full-time employment in Phnom Penh for ten years.
Dasak has just started a business selling rice. She does not have enough capital to purchase more rice for resale, so she is requesting her first loan of $1,000 to add to her capital. On the other hand, a part of her house needs repair so it’s difficult for her family to live in it. So she will also use a part of her loan to make house repairs.
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.