Sarin is 57 years old and his wife, Sony, is 50 years old. They have been married since 1979 and they have four sons and three daughters. Two are married and live separately, one is a garment worker, one is an auto repairman, one stays at home and the other two attend school. The family lives in a village about 20 kilometers from Phnom Penh City.
Sarin and his wife are primary school teachers. He is requesting his first loan in the amount of $1,300 to buy a motorbike for his son, who is a garment worker, to get to work.
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.