Mrs. Sarorn S., 37, and her husband, Mr. Srong Chrouk, 40, live across the Mekong River about 15 kilometers from Phnom Penh. They married in 1990 and have three children: two sons and one daughter. The eldest, their daughter, attends university; one son is in primary school, and the youngest one is still too young to go to school.
Sarorn has been a primary school teacher for 19 years and Srong has been a secondary school teacher for 20 years as well. Besides teaching, the couple has also been running a motorcycle and car cleaning shop in front of their house for 4 years.
Sarorn doesn’t have enough materials to use for her business such as a pressure washer and a vacuum cleaner that why she is requesting her third loan of $1,000 to make the purchases. And she would also like to use a part of the loan to fill up the land around her house.
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.