Mrs. Torn K. (pictured here), age 50, is a widow with one daughter. She lives along National Road Number five, about 17 kilometers from Phnom Penh, the capital city of Cambodia. Her elderly mother and two nephews are living with her.
Torn has been a garment factory worker for 20 years. Her nephew is a garment worker along with her. Torn does not have transportation for commuting and spends a lot of money on traveling costs. For this reason, she is applying for her a loan in the amount of $1,000 to purchase a motorcycle.
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.