Mrs. Chanthorn C. (pictured here), 50, and her husband, Mr. Ny Chhum, 57, have been married since 1979 and have eight children: four sons and four daughters. One of the children is married and lives outside the family home, two are garment factory workers, four attend school and one is still young. The family lives in a small village along National Road Number Five about 20 kilometers from Phnom Penh City.
Chanthorn and her husband are rice farmers. Besides farming, Chanthorn also sells porridge in front of her house and her husband is a wooden house builder.
Chanthorn is requesting her first loan in the amount of US$1,000. She will use $400 to purchase a water pumping machine and $600 of the loan to buy a motorcycle for commuting.
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.