Mrs. Channy T. is 27 years old and her husband Mr. Bin Khloeng, is 37 years old. They have been married since 2005 and have two young daughters. The family lives along the Tonle Basac River, a tributary of the nearby Mekong River, about 15 kilometers from Phnom Penh. Channy has been selling grocery items at her home for a year. She buys them from Phnom Penh market. Her husband has been driving a Tuk Tuk taxi for six years. Channy is asking for her first loan in the amount of $500 to purchase more groceries 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.