Mrs. Channy C. (pictured with her niece), 31, and her husband, Mr. Ream Ros, 32, were married in 2002. They live on an Island in Mekong River about fifteen kilometers from Phnom Penh and have no children yet.
Channy has been a silk weaver for ten years. She sells her finished products to the middle-man in the village, who then takes them to sell in Phnom Penh. Mr. Ream Ros has been a wooden house builder for three years; he does his work in Kampong Cham province, which is far away from his house. He hopes to expand his business but he doesn’t have enough materials for his work. This is why Channy is asking for a loan of US$1,000 to help her husband to purchase construction materials.
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.