For the past decade, Sily has earned a living by weaving silk into cloth, a skill she learned from her parents. She sells her finished goods to a middle man in the village, who then takes it to sell in the capital city of Phnom Penh, which is about 10 miles away. In addition to her weaving business, hard-working Sily also runs a small grocery shop in the front of her home.
To grow her businesses, Sily is requesting a loan of $700 U.S. dollars to purchase more food to sell and silk to weave.
About MAXIMAMAXIMA 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.
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Success!! The loan was 100% repaid