Mrs. Samnang S., age 52 years, is a widow with nine children: one son and eight daughters. Six of them are married and live outside the family home, two assist their mother in the business and another one attends school. They are living along national road number one, about thirty-five kilometers from Phnom Penh City.
Samnang has just been selling soup, Chinese noodles, coffee and porridge in her village for six months. She hopes to expand the shelter where she operates the business, so Samnang is asking for her first of $1,000 to use for the purpose. She will also use a part of her loan to purchase soft drinks to sell.
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.