Mrs. Sinat Y. (pictured here) lives on an island on the Mekong River about 15 kilometers from Phnom Penh City. She is a widow with two sons and one daughter. They are all married: two live outside of the family home and the other one stays with her.
Mrs. Sinat Y. has been operating a business selling finished silk fabric since 1997. She buys silk products from weavers in Ta Keo province and from some from weavers in her village, and transports it to sell in other provinces far away from her house.
Sinat has requested Kiva loans several times already. She hopes to continue expanding her business so she is applying for a loan of $500 to purchase additional silk fabrics 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.