Mrs. Cham-nan C. was married in 1984 and has four children, one daughter and three sons. She learned to weave silk from her elder sister in 1981 and she started her own silk weaving business in the same year. Her husband works growing rice, planting vegetables, and raising cows.
She has borrowed money from MAXIMA six times previously. Now she is asking a loan for the amount of $400, which she intends to use to purchase silk materials and sewing thread so that she can expand her silk 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.