Somaly is a widow mother with one son and two daughters. She lives in a village along National Road Number Five about 17 kilometers from Phnom Penh City.
Somaly transferred her grocery store to her daughter because she has full-time employment. Previously, she requested a loan to buy a motorcycle and her daughter uses that motorbike for commuting and to carry grocery items from market to home.
Hence Somaly decided to apply for another loan of $1,200 to buy one more motorbike to drive to work.
Photo: Somaly is standing in her daughter’s grocery store.
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.