Mrs. Thon Y. (pictured with her daughter) is a widow with two daughters. One of her daughters is a garment-factory worker. She also has her elderly mother living with her. They live along National Road Number 5 about 17 kilometers from Phnom Penh City, the capital city of Cambodia.
Thon has been selling porridge for seven years. She wants to buy a cow to raise. She will earn additional income from selling the cow when it grows big enough. Therefore, she is asking for her first loan of $400 to make the purchase.
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.