Mrs. Sophy K. and her husband, Mr. Sok Men, both 41 years old, live in a suburb about 15 kilometers from Phnom Penh. They have five children - two sons and three daughters. One is married and lives outside the family home, three have full-time employment and the youngest attends school.
Mrs. Sophy K. has been operating a tailoring business at home for four years. Her husband is a construction worker. She is asking for her first loan of $1000 to buy a motorcycle for commuting.
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.