Vannak, 31, is a garment worker who lives in a suburb of Phom Penh. Her husband, Peng, is 30 years old and has a business buying and selling recycling materials. The couple have been married since 2010 and have no children yet.
Vannak is asking for her first Kiva loan in the amount of $1,200 in order to provide her husband with capital to buy additional recycling materials to sell.
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.