Savoeun is 38 years old, married and has four children, three of whom attend school. She is a weaver and her husband is a construction worker. They also grow rice during rice farming season. The family lives along Mekong River about 15 kilometers from Phnom Penh.
Savoeun is requesting a loan for $600, which she will use to purchase a water pumping machine instead of renting one.
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.