Mr. Savat K. is 50 years old and his wife, Mrs. Keang Chhorn (they are pictured together), is 42 years old. They have been married since 1981 and have eight children: 3 sons and 5 daughters. Three of their children are married and live in separate homes, one is a garment factory worker and the other four attend school. The family lives along National Road Number One, about thirty-five kilometers from Phnom Penh, the capital city of Cambodia.
Savat has been growing mushrooms for two months while his wife has been producing rice wine for ten years. Savat hopes to expand his mushroom farm so he is requesting his first loan of $1,000 to use for this purpose.
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.