Mrs. Vuy T. (pictured here) and her husband, Mr. Sophy An, 46, have been married since 1982. They have six children: one son and five daughters. Two of them married and live in separate homes, one is a garment-factory worker and the other three are in school.
Vuy has been a weaver since she was 17 years old, while her husband has been a wooden-house builder since 1979. She wants to supplement with a new business by purchasing finished silk fabric from fellow villagers for resale. But she does not have capital; hence, she is requesting her second loan of $1,100 to launch the 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.