Mrs. Savoeun S. is 37 years old. Her husband, Mr. Ay Norng, is 47 years old (pictured together). They have been married since 1991 and have four children – three sons and one daughter, two have full-time employment and other two are in school. They are living living along National Road Number 1, about 15 kilometers from Phnom Penh, the capital of Cambodia.
Savoeun has been operating a laundry business at her home for three years. Her husband has been a construction worker for two years. She is asking for her first loan of $1,000 to purchase a motorcycle for her children to get to work.
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.