Mr. Saret V., 32 year old and his wife, Mrs. Chanthol Um (pictured together), 28, live along National Road Number One about 18 kilometers from Phnom Penh. They were married in 2004 and have two children: one and one daughter. Both of them are still young.
Saret has been operating a business selling cows for two years. He buys cow from other provinces far from his house and sells at his house. Mrs. Chanthol has been a farmer for six years.
Saret is asking for a loan of 1,000USD. He will use the loan to purchase cows for resale.
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.