Phereak (in the photo) is 25 years old and wife, Synath, is 25 years old. They live in a village about 20 kilometers from Phnom Penh City. They have been married since 2009 and just have one young son.
Phereak’s business is in printing. He operates by investing with his brother. His wife is a garment worker. Phereak is asking for his first loan in the amount of $1,500 to buy additional materials need in his printing shop.
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.