Mr. Sam-ol L., 53, has been married to his new wife since 1998. He has five children – two sons and three daughters. Three of them married and live outside the family home and the other two are hairdressers. They live along National Road Number One, about 17 kilometers from Phnom Penh City.
Sam-ol has been driving a motor taxi for 25 years. He hopes to change his business from motor taxi to tuk tuk (auto-rickshaw), because it can carry more goods and people than a motor taxi. Therefore, he is asking for his first loan of $1,000 to buy a trailer. He also will use part of the loan to repair the wall of his house.
The couple are shown in the photo.
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.