Mr. Chheangheng P., 41, just married in 2008, but his wife, Mrs. Yeun Cheng, 38, has five children with her first husband. Her first son has full time employment in Phnom Penh and other children are in school. The family lives along the Tonle Basac River, a tributary of the nearby Mekong, about fifteen kilometers from Phnom Penn, the capital city of Cambodia.
Chheangheng has been a house builder for sixteen years, a skill he learned from his neighbor. His wife has been selling flowers and bananas for twenty years, but she has now stopped for a while because she is pregnant. Chheangheng is requesting a loan of $500 purchase a motorbike for his son to drive to work.
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.