Mr. Krut has been a construction contractor for eight years. Beside the construction business, he and his wife have been farming since 1980. They grow rice to sell and for food. Currently, the couple is building their new house and lack the money to build the staircase of the house. Therefore, Krut is requesting a loan of US$ 1200 to build a staircase for his house. Part of the money will go for purchasing a water pumping machine for growing rice.
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