Mrs. Phanna D., 25, and her husband, Mr. Mun Khoem, 30, live on an island in the Mekong River about 15 kilometers from Phnom Penh City. They were married in 2004 and have a young son.
Phanna has been a silk weaver for eight years, a skill she learned from her mother. She sells her finished products to a middleman who then takes them to sell in Phnom Penh market. Her husband has been a security guard for three months. Phanna is requesting a loan of $150 to purchase silk materials 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.