Mrs. C. Yeang (age 39) and her husband have been married since 1986.They have five children—four sons and one daughter. One of her children is working in Phnom Penh and the other four are studying in a local school. Yeang and her family are living on an island on the Mekong River. She is in the business of weaving silk. She learned to weave silk from her neighbor and started her silk production in 1983. Her husband is also a silk weaver - a skill he learned from his wife in 1983.
Yeang is requesting her first loan for $200. She will use this money to purchase silk materials, sewing thread, fees for selecting and preparing silk on the loom.
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.