Mr. Sokny C., 32 years old, and his wife, Mrs. Kemsreang Yang, 31 years old, live along National Road 5, about 25 kilometers from Phnom Penh. They have been married since 2001 and have two children, a son and a daughter. One child attends school and the other is still young.
Sokny is a rice farmer and a fisherman. His wife sells slush, or shaved ice dessert, in her village. Sokny is asking for a loan of $600 to purchase seeds, fertilizer and pesticide to maintain his rice farm. He will also use the loan to connect his house to a private electricity utility service.
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.