Mr. Saran K., pictured with his wife, is 41 years old and his wife, Mrs. Savoeun Khoem, is 42 years old. They live along National Road Number One about 18 kilometers from Phnom Penh. They were married in 1991 and have three children: two sons and one daughter. All of them are in school.
Saran and his wife are fishermen and farmers. They grow cucumber and wax gourd on their farmland in the village. Saran does not have a water pumping machine to spray his farm, so he is asking for his first loan in the amount of $500 US to buy a water pumping machine. He will also use a part of the loan to purchase a fishing net for his fishing 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.