Mrs. Seab S., 45, and her husband, Mr. Vannak Roeung, 46, were married in 1990 and have four daughters, two of them attend school and other two assist their mother in silk weaving business. The family lives on an island in the Mekong River about 15 kilometers from Phnom Penh City.
Seab is a silk weaver, a skill she learned from her neighbor. She sells her finished products to the middleman in the village who then in turns it to sell at market in Phnom Penh. Her husband is a soldier. Seab is requesting her second loan of $1,100 to purchase silk materials for continuing her weaving business.
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.