Mrs. Chanlach H., 48, and her husband married in 1978. They have nine children; six sons and three daughters. Two of their children are married and live outside the family home. One of their children weaves silk at home, two are employed full time and the other four are students. The family lives on an island on the Mekong River about twelve kilometers from Phnom Penh.
Mrs. Chanlach has been a silk weaver for over ten years. It’s a skill she learned from her mother. She sells her finished products to a middleman in the village who will then sell them in Phnom Penh. Her family has two looms. Her husband is a worker.
She is requesting a loan of $1000 to purchase materials for weaving silk.
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.