Khov B., 68, and her husband, Dem Krut, 69, live in a small village across from the Mekong River, which is about twenty kilometers from Phnom Penh. They were married in 1964 and have five children. Four of their children are married and live outside the family home. The youngest daughter weaves silk at home. Khov and Dem also live with their two grandchildren and niece, and they are all silk weavers.
Khov is a silk weaver and a rice farmer. She sells her finished products to the middle man in the village, who then sells the items in Phnom Penh. Even though both are in their late 60's, they are both still strong enough to work.
Khov is requesting a loan of $1000 to purchase more silk materials for five looms for her weaving business.
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.