Mrs. Savoeun V., age 37, is a widow with three children: two sons and one daughter. Her husband passed away recently.
Silk weaving is her main business for supporting her family. Therefore, she is asking for a loan of $1,200 in order to purchase silk materials to continue 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.