Mr. Ratana E., age 35, and his wife, Mrs. Kolab Ou, age 29 (they are pictured together), have been married since 2002 and have two children: one son who attends school and one young daughter. The family lives in a small village along National Road Number One about twenty kilometers from Phnom Penh City. Ratana’s wife has been running a grocery store in the village for ten years.
Ratana has been selling mangos for four years. He buys thE. under contract from the villagers and transports thE. to sell in Phnom Penh market. He hopes to expand his business, but he does not have enough capital. So, he is asking for his first loan of $1,200 to purchase more mangos under contract.
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.