Mrs. Phalla K. was married in 2001 and now has two sons. He husband earns some money raising pigs. The family all help with their other farming businesses, raising cows and planting vegetables. Phalla K.'s mother, who lives with the family weaves silk for sale.
In 2003 Mrs. Phalla K. started her own grocery business to bring in extra income for the family. She is applying for this $600 loan in order to purchase more items for her stock and expand her business. She has borrowed money from MAXIMA successfully six times before.
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.