Mrs. Sareth M. (pictured), age 42, and her husband, Mr. Bunthorn Hai, 43, have been married since 1989. They have two sons and four daughters. The family lives in a suburb of Phnom Penh, about 15 kilometers outside the city.
Sareth and her husband are vegetable farmers. The couple struggles with considerable transportation costs as they do not own their own transportation for commuting. For this reason, Sareth is asking for her first loan in the amount of $800 in order to purchase a motorcycle.
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.