Mr. Seiha Y., is 35 years old, and his wife, Mrs. Thoun Kchorng (pictured), is 38 years old. They live on an island in the Mekong River about 15 kilometers from Phnom Penh City. They were married in 2004 and have two children, one son and one daughter. Both of them are still young.
Seiha has been driving a motor taxi for two years; his wife sells chicken in the local market. His motorbike is old and breaks often, so he spends a lot of money to repair it. Facing this, he decided to ask for his first loan of $600. He will use the loan to purchase a new motorbike to replace the old one.
Mr. Seiha Y. was not available for the picture, so his wife is pictured instead.
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.