Somnang K. is 29 years old, married, and has three children, two of whom attend school. She and her family live in a small village outside of Phnom Penh. Somnang and her husband are garment factory workers. They do not have transportation to get work so they pay a lot of money to commute. Somnang is asking for her first loan of $1,000 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.