Mrs. Phally and her husband have been silk weavers and in the makeup business for over 20 years. Phally sells her silk products to the middleman in the village, who then resells them in Phnom Penh. Her makeup business is in demand for wedding ceremonies in the village and nearby communities.
Now she is requesting a loan of $1000 to purchase silk material for her family’s weaving business and to build a handrail for her house.
About MAXIMAMAXIMA Mikroheranhvatho 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.
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Success!! The loan was 100% repaid