Mr. Tha R., age 52, and his wife, Mrs. Phan Khorn, age 48, have been married for 30 years and have 8 children, four sons and four daughters. Four of them have full-time employment and other four are in school. The family lives in a small village about 15 kilometers from Phnom Penh City. Tha was not in the photo, but his wife was available instead.
Tha has been a construction worker for 20 years. He sometimes works in his village and sometimes in a nearby village. Because Tha’s children commute to work far away, they take a motor taxi very often. Taking a motor taxi a work is expensive for the family. Therefore, Tha is asking for his first loan of $1,000 to purchase a motorcycle for his children to drive to work.
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.