Mr. Sopheap H. (in the photo) is 30 years old and his wife, Mrs. Sovan Some is 31 years old. They live on an island in the Mekong River about 15 kilometers from Phnom Penh, the capital city of Cambodia. They have been married since 2002 and have three children--two sons and one daughter. Two of them are in school and another one is still too young.
Mr. Sopheap H. has a full-time job in Phnom Penh. His wife sells silk and cotton products (fabrics and scarves). She buys them from the weavers in the village and transports to sell in other provinces.
Sopheap is asking for a loan of $1,200 to provide his wife with capital to purchase more silk and cotton products for resale.
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.