Mrs. Ny K. (pictured here), age 57, and her husband, Mr. Meng Pen, age 55, live on an island in the Mekong River about fifteen kilometers from Phnom Penh, the capital city of Cambodia. They have been married since 1979 and have five children: three sons and two daughters. One of them is married and lives outside the family home and two have full-time employment in Phnom Penh.
Mrs. Ny K. has been a silk weaver since she was 16 years old, a skill she learned form her mother. She sells her finished products to the middleman in the village who then in turn brings them to sell in Phnom Penh market. Her husband has been a farmer for 24 years.
Ny is requesting a loan in the amount of $400 to purchase a motorbike for commuting.
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.