Damy (in the photo) is 43 years old and lives on an island in the Mekong River. He has been married since 2000 and has one son who attends school. His wife sells fast food and Chinese noodle with soup in the village where they live.
Damy sells mangoes. He buys mangoes from his fellow villagers under contract, from the blooming season till the harvesting season comes. This means that he pays money before the harvesting season and then he collects the mangoes to sell. He needs to use pesticide to prevent the mangoes from insect damage.
Hence Damy has asked for a loan to purchase more mangoes under contract for resale and buy pesticide to prevent mangoes from insect damage.
MAXIMA 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.