Mrs. Sam-oun M., 53, is a widow with four children: one son and three daughters. Her son is a fisherman. One of her daughters is a silk weaver, another one has full-time employment and one more daughter attends school. The family lives on an Island of the Mekong River about fifteen kilometers from Phnom Penh.
Mrs. Sam-oun has been a silk weaver since 1975. She sells her finished products to the middleman, who then takes it to sell in Phnom Penh. Now she is requesting a loan of $500 to purchase silk material for the 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.