Saroeurn is 41 years old and his wife Somnang is 42 years old (pictured together), have been married since 1991 and have five children-four sons and one daughter. The family is living in a village about seventeen kilometers from Phnom Penh City.
Saroeurn wants buy cows to raise. When the cows give birth, she will be able to get income from selling the calves or when the cows grow to full size, or she will be able to sell the cows for beef.
Hence Saroeurn is asking for his first loan of $1,000 to purchase cows.
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.