Mr. Koun K., 30, and his wife, Mrs. Channa Touk, 28, who live in a small village in the suburb of Phnom Penh, the capital city of Cambodia, were married in 1999 and have three children: two sons and one daughter. Two of them attend school and another one is still young.
Koun has been a fisherman for fifteen years and his wife has been growing vegetables for fifteen years. Besides fishing, Koun wants to run a new business raising ducks, which could allow him to earn more income to support his family. Therefore, he is asking for his first loan of $500 to purchase ducks to raise.
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.