Chinda is 29 years old and her husband, Chamroeun is 32 years old. They live in a village about twenty kilometers south of Phnom Penh City. They have been married since 2002 and have three sons. Two are in school and another one is still young.
Chinda and her husband sell ice. Chinda sells ice from home and her husband transports ice by his remoque to sell in other villages. (A remoque is a motorbike attached with a trailer at the back.) But his trailer is old which is why Chinda decides to apply for her first loan of $1,000 to buy new trailer for her husband. She will also use a part of the loan to buy additional ice to sell.
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.