Chandalis (pictured with her loom) and her husband, Longvanna, live on an island in the Mekong River about fifteen kilometers from Phnom Penh City. They have been married since 2008 and have two young children.
Chandalis is a weaver. Her husband sells bread. He buys bread from the market and transports it by bicycle to sell in his village and the nearby villages. He used to be a security guard. He wants a motorbike which would be easier for him to carry bread to sell than his bicycle.
Hence, Chandalis is applying for a loan of $1,000 to purchase a motorbike for her husband to carry bread to sell. She will also use a part of the loan to buy weaving materials for her weaving business.
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.