Mr. Leang L., 43, and his wife, Mrs. Nao Soeun, 41, live in a small village off National Road Two about twenty kilometers south of Phnom Penh. They were married in 1990 and have two children: one son and one daughter, both of whom study in the local school.
Mr. Leang has been a TV and radio repairman for sixteen years. He buys old and broken TVs and radios to repair for resell at his shop in front of his house. His wife has been a garment factory worker for eight years. Leang is requesting a loan of $1000 to purchase cows for raising and to buy more spare parts for his TV and radio repair stock.
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.