Koin is requesting this, her fourth loan from Maxima, to purchase and prepare a second loom and to buy thread for weaving. She has been weaving for six years. Her daughter who will work on the second loom (see photo) learned at the same time as Koin. They said they can each finish about fifteen pieces in a month so they feel they will have no problem paying back the loan.
About MAXIMAMAXIMA 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.
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Success!! The loan was 100% repaid