Mr. Sao H. (who is in the photo with his wife) is 34 years old and his wife, Mrs. Khum Phary is 24 years old, live along national road number one about seventeen kilometers from Phnom Penh. They were married in 2006 and they a young daughter.
Sao has been driving a motordub (motor taxi) for four years. His wife is hired by villagers to farm. She gets paid with fees.
Sao’s motorbike is old and breaks down often, which costs him a lot of money to make repairs. He could not manage his income to support his family. Hence he has decided to ask for his first loan of $500 to purchase a new one.
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.