Mrs. S. Tong (age 59) was married in 1960 and has six children, three sons and three daughters. She is currently in the business of weaving silk at home. She learned to weave silk from her mother in law in 1979 and began her silk production in the same year. One of her daughters is also weaving silk. Her husband, Mr. Chay Phat (age 59) is a farmer. He learnt this skill from his parents in 1979. He fishes, plants corn, and raises cows. One of his sons is also assisting him in raising cows.
Tong has borrowed money from MAXIMA five times before. Now she is requesting a loan to continue her weaving business in the amount of $400. She will use this money to purchase silk materials, sewing thread and pay fees for selecting and preparing silk on the loom.
MAXIMA Mikroheranhvatho 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.