Mrs. Chhuneng C. (pictured with her loom), 41 years old, and her husband, Mr. Sokun Sam, 44 years old, live on an Island in the Mekong River about 15 kilometers from Phnom Penh, the capital city of Cambodia. They have been married since 1990 and have three children: one son and two daughters.
Chhuneng has been a silk weaver since she was 16 years old. This is a skill she learned from her mother. She sells her finished products to a middleman in the village who then takes them to sell in a Phnom Penh market.
She is requesting her first loan of $200 to purchase silk materials for her silk weaving 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.