Savoeun R. is 47 years old and lives on an island in the Mekong River not far from Phnom Penh. She also lives her two daughters, two sons, as well as her husband, who she married almost thirty years ago. Savoeun has been selling groceries for several years, which she buys from the market in Phnom Penh and resells near her home. Her husband raises pigs and produces rice wine, while one of their daughters works as a silk weaver. In order to purchase a greater inventory of groceries, Savoeun is requesting a loan of $1,000.
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.