Sokhoeun (pictured here), age 48, is a widow with eight children: three sons and five daughters. The family lives in a village about twenty kilometers from Phnom Penh, the capital of Cambodia.
Sokhoeun sells fish and fruits. She buys mangoes from her fellow villagers under contract. This means that she pays money before the harvesting season and then she collects mangoes to sell at Phnom Penh market.
Sokhoeun is asking for a loan in the amount of $1,500 in order to expand her business buy by purchasing mangoes under contract for resale.
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.