Mr. Pha P., 37, and his wife, Mrs. Ra Thorn, 35, have been married for over 15 years. They have two children: one daughter who attends school, and one young child. The family lives in a suburb of Phnom Penh, the capital city of Cambodia.
Pha and his wife have been raising ducks and chickens for almost five years. He buys them from Takeo province, which is far from his house, and after the ducks and chickens grow big enough, he sells them in his village.
Pha is now applying for his first loan of $1,100 purchase more ducks and chickens 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.