Mrs. Savoeun R. is 31 years old and her husband, Mr. Vuthy Soy (they are pictured together), is 33 years old. They live in a small village across the Mekong River, approximately twenty kilometers from Phnom Penh City. They have been married since 1999 and have three children: two sons and one daughter. One of the children attends school and other two are still young.
Mrs. Savoeun R. has been a silk weaver for twenty years, a skill she learned from her mother. She sells her finished products to a middleman who then takes them to sell in Phnom Penh market and other places. Her husband has been a construction worker for twenty years.
Savoeun is asking for her first loan of $200 to purchase more silk materials for 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.