Mrs. P. Yeat (42), and her husband, Mr. Pich Touch have been married since 1990. They have four children — two sons and two daughters. Two of their children are studying at a local school; their oldest son is helping them with their farming business and the youngest one stays at home. Yeat and her family live on an island on the Mekong River, about fifteen kilometers from Phnom Penh. She and husband are in the business of doing farming, raising cows and running horse carts since 1985. After borrowing money again and again to expand their business, they are now in the position to save money to build their new house (shown in the photo).
Yeat is requesting her seventh loan for $1000. She will use this loan to add to her own money to build the 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.