Mrs. Saroeun L. (shown in the photo) and her husband, Heng Min, live on an island in the Mekong River, about fifteen kilometers from Phnom Penh, the capital city of Cambodia.
Married in 1979, they have five children, two sons and three daughters. Two of her daughters, who are both, silk weavers, were married but live inside the family home. Another daughter is learning the skill of tailoring, one son is a teacher and the other attends school.
Saroeun is a silk weaver, while her husband raises cows at home. Saroeun already asked Kiva for one loan. She now is applying for another loan of $250 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.