Mr. Sovin P. (pictured here), 51, and his wife, Mrs. Nary Din, 45, live in a small village in a suburb of Phnom Penh, the capital of Cambodia. They have been married since 1979 and have 4 children: 2 sons and 2 daughters. Two are married and live in their own homes. One son is a mechanic and one daughter goes to school.
Sovin and his wife have been selling dessert for almost ten years. They sell their products at Phnom Penh market. Sovin previously requested a loan to purchase a motorbike for his daughter to drive to school. His daughter uses the motorbike every day.
He is now asking for another loan of $1,000 to purchase a motorbike for his son to drive to work. He will also use the loan to build a kitchen.
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.