Mr. Chheang D., 53 (pictured above), and his wife, Mrs. Sokny Lun, 49, live in a suburb of Phnom Penh, about 20 kilometers away. They have been married for 20 years and have four children: three sons and one daughter. The eldest son is a truck driver and the other three are in school.
Chheang has been a motor taxi driver since 1992. He drives in Phnom Penh. His wife is a garment factory worker. Unfortunately, his motorbike is old, which costs him a lot of money to repair. Facing this problem, he is asking for his first loan of $1,000 to purchase a new motorbike. He will be able to continue his 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.