Mrs. Lay S., 53, and her husband, Mr. Kong Bou, 51, live along National Road Number One about seventeen kilometers from Phnom Penh. They were married in 1979 and have seven children: six sons and one daughter. Two of their children are married and live outside the family home. Two other children have full time employment. Two sons study in local schools.
Mrs. Lay has been selling fish since 1992. She buys them from a fishing lot a bit far from her home to sell at the Phnom Penh market and in her village market. Her husband is a chef and assists Lay in the fish selling business.
Lay is requesting a loan of $700 to purchase more fish for resale.
MAXIMA 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.