Sophin has been selling flowers for six years, a skill she learned from her parents. She buys them from villagers in her village for re-sale at the market in Phnom Penh. Her husband has been driving a motor remorque taxi (a motor with a trailer at the back) for fifteen years. But, his motor remorque is broken very often and it upsets his business.
So, Sophin is requesting a loan of US$ 800 to purchase a new motorbike to replace the old one; she will use part of her loan to purchase flowers on contract for re-sale.
About MAXIMAMAXIMA 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.
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Success!! The loan was 100% repaid