Ms. Phun T., 50, is single and lives with her sister, Ms. Ly T., 38, who is a silk weaver. The family lives in a small village near the Mekong River about 15 kilometers from Phnom Penh. Phun has been a silk weaver since 2002 and has been selling silk fabric for three years. She buys the finished products from weavers in her village for resale at Oreu Sey market in Phnom Penh. She is requesting a loan of $500 to purchase silk fabric 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.