Mrs. Chanthoeun U. (shown in the picture), and her husband, Mr. Chanthol Thorn, have been married for almost two years and just have a young daughter. The family lives in a small village in a suburb of Phnom Penh.
Chanthoeun sells soup and pickled fruits at her home. She used to be a hairdresser as well. Her husband has been a motorbike repairer for more than five years. He runs the business at his own shop next to his house.
Chanthoeun is asking for a loan in the amount of US $600 to pay for school fees for her brother who is in his third year of banking. She also will use a part of the loan to expand her 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.