Mrs. Yan M., 52, and her husband, Mr. Toem Chab, 60, live on an Island in Mekong River about fifteen kilometers from Phnom Penh, the capital city of Cambodia. They have been married in 1977 and have eight children: four sons and four daughters. Four of them were married and live out side the family home.
Yan has been selling grocery for 20 years. She buys grocery items from Phnom Penh market for resale in her village. Her husband is a farmer. Yan is asking for a loan of $1,000 in order to purchase motorized hand tiller for her husband to farm.
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.