Thyda, 32 years old, and her husband, Sopheak, live in a suburb of Phnom Penh. They have been married since 2001 and have three children--one son and two daughters. Two attend school and another one is still young.
Thyda is a rice farmer, while her husband buys and sells fruit. She is asking for her first Kiva loan in the amount of $500. She will use $400 to purchase one cow to raise and the $100 remainder will assist in her rice farming by buying fertilizer.
She will get extra income from selling the cow for beef or sale of a calf when the cow gives a baby.
Photo: Thyda is at home, not at the farm.
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.