Soda (in the photo) is 23 years old and his wife, Srey Leap, is a garment worker. They live in a village about 20 kilometers from Phnom Penh City. Soda has been married but he has no children yet.
Soda is a fisherman and farmer. He operates a farming business which he had invested in with his brother. He now hopes to run his own business. That is why he decides to apply for a loan in the amount of $1,000. He will use the loan to purchase a boat, a boat motor, and fishing materials.
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.