Mrs. Sarann C., 52, and her husband, Mr. Thul Poeng, 54, live on an Island in the Mekong River about 15 kilometers from Phnom Penh, the capital city of Cambodia. They were married in 1982 and have three children: two sons and one daughter who was married and weaves silk at home. One of their sons is a chef at a restaurant.
Sarann has been a silk weaver since 1992, a skill she learned from her neighbor. She sells her finished products to the middleman in the village, who then takes them to sell at market in Phnom Penh. Mr. Thul Poeng is a mason and he also assists his wife in spinning thread when he has free time.
Sarann is requesting a loan of $500 to install one more loom for her daughter to weave silk to get additional income.
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.