Phat and his wife have been growing vegetables for 10 years. Beside farming, they also sell firewood at their house. The couple hopes to expand their firewood business, that's why Phat is asking for a loan of US$ 1000 to purchase a wood-cutting machine and to buy firewood for re-sale.
About MAXIMAMAXIMA 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.
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Success!! The loan was 100% repaid