Sokchiv (pictured here), age 35, has a business as a food vender. She runs the business at home. Her husband, Mea Nop, age 42, assists his wife in the business. The couple lives about 25 kilometers from Phnom Penh City and they have four children--two sons and two daughters. All of their children attend school.
Sokchiv is asking for a loan in the amount of $500 to expand her food vendor business by buying additional materials such as chairs, plates, forks, spoons and so on. She will also use a part of the loan to add to her house where she operates her business.
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.