Ing and his wife are farmers. They grow rice and vegetables on their farmland in the village where they live. Ing is applying for a loan in the amount of $1,000 to purchase seeds, fertilizers, and pesticides to maintain his farm. He will also use a part of the loan to buy pesticide applicators.
The couple lives in a village across the Mekong River, about 20 kilometers from Phnom Penh City. They have three sons - two assist their parents in farming and the other one is in high school.
Photo: Ing and his wife.
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.