Mr. Loung C., 46, and his wife, Mrs. Mao Kong, 41, live in the suburb of Phnom Penh City. They were married in 1985 and have nine children: five sons and four daughters. One of them was married and lives outside the family home, three children are garment factory workers, two children are tailors, one has full-time employment, and two children attend school.
Mr. Loung has been a tailor for two years, a skill he learned from his neighbor. His wife has been selling vegetables for about five months. Currently, he wants to create another business running a Tuk Tuk (motorbike taxi). Therefore, he is requesting a loan of $1000 to purchase one motor taxi to earn more income to support his family.
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.