Mrs. B. Chantha (age 44) and her husband, Mr. Nhean Dy (46) have been married since 1981. They have four children—two sons and two daughters. All of their children weave silk at home. Chantha 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 1980. Her husband is a fisherman.
Chantha is requesting his first loan for $500. She will use this money to repair her house.
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.