Nare is now a widow because her husband just passed away due to a traffic accident. She has five sons: three attend school, one is a garment factory worker and one is still young. The family lives about fifteen kilometers south of Phnom Penh City.
Nare is a garment worker. She is applying for another loan of $1,200 to buy a motorcycle for her son to drive to work. She will also use a part of the loan to put an additional on her house.
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.