Mr. Chai-eang H. (pictured with his wife), is 29 years old and his wife Mrs. Yat Hun, is 31 years old. They have been married since 2008 and just have a young son. The family lives in a small village across Mekong River, about 17 Kilometers from Phnom Penh.
Chai-eang is a fisherman and farmer; he grows rice on the farmland in his village. His wife has been a silk weaver since she was young. He is applying for a loan of $600 to purchase seed, fertilizer and pesticide to maintain his rice farm and buy silk materials for his wife’s 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.