Mrs. Saren S., 40, is a widow with four children: two sons and two daughters. She lives in a village along National Road Number One, about fifteen kilometer from Phnom Penh City.
Saren has been a scarf weaver for fifteen years. She is asking for her first loan of $600 to set up one more loom and to purchase sewing thread for her scarf-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.