Mr. S. Man, age 25, and his wife have been married since 2002 and have one daughter. They are in the business of selling beef in a market at Kampong Cham province, about fifty kilometers away from their house. Man buys cows from his village and his wife sells the beef in the market. They started their business of selling beef at the beginning of 2007. Man and his family are living at National Road 6, about twenty kilometers from Phnom Penh.
Man is requesting his second loan for $1000. He will use this loan to expand his beef selling business.
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.