Mr. Sovannarith S. (shown in the photo), 42 years old, and his wife, Mrs. Kimheang Hi, 40 years old, were married in 1991 and have two sons, both of whom are in school. They are living along National Road Number Six about 15 kilometers from Phnom Penh City.
Sovannarith and his wife have been farming for ten years. They grow rice and vegetables on their farmland in the village. The couple doesn’t have enough capital to maintain their vegetable and rice farm, so Sovannarith is asking for his first loan of $1,000 to purchase fertilizer, pesticide and seed.
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.