Mrs. Rin M., 55, is widow with six children; five sons and one daughter. Her husband died in 1965. Three of her children are married and live outside the family home. Of the other three children, one has full time employment, another one raises cows at home, and the last one is in school. The family lives on an Island in the Mekong River about fifteen kilometers from Phnom Penh.
Rin has been a weaver since 2005. It’s skill she learned from her mother. She sells her finished products to the middleman in the village who will take it to sell in Phnom Penh. Before started this business she sold Khmer noodles and sweets in the village.
Now Rin is requesting a loan of US$1000 to purchase silk material for weaving and to fill in the land around her house.
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.