Mrs. Chantha R., 35, is widow with two daughters. She lives with her mother and sister in a small village, about 20 kilometers across the Mekong River from Phnom Penh.
Chantha has been a silk weaver for fifteen years, a skill she learned from her mother. She sells her finished products to a middle man in the village, who in turn sells in the Phnom Penh market. She is requesting her first loan in the amount of $400 to purchase silk material for her weaving business.
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.