Chenda, age 48, is a widow with one son and two daughters. One is a garment worker and the others are in school. She lives in a village approximately twenty kilometers from Phnom Penh City.
Chenda is a rice farmer. In addition, she makes "prahoc" (a popular Cambodian condiment made of fermented fish paste and salt) for sale. She is asking for a loan of $1,000 to buy fertilizer and pesticide to maintain her rice farm. She will also use a part of the loan to buy small fish and other ingredients to make "prahoc".
Photo: Chenda is sitting next to the "prahoc" which she makes.
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.