Mrs. S. Sopheap and her husband, Mr. Kong Sambath have been married since 1979. They have six children — four sons and two daughters. Two of their sons are construction workers, another is helping his mother spin thread, and the youngest is studying in local school. Both of her daughters weave silk at home. Sopheap started her silk production in 1980. She has three looms including her children’s looms for running her business. Besides silk production, she also grows rice. Her husband builds houses. Sopheap and her family live across the Mekong River, about fifteen kilometers from Phnom Penh.
Sopheap has borrowed money from MAXIMA twice already. Now she is requesting another loan for $1000. She will use this money to purchase silk materials, sewing thread, and 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.