Mrs. Sreyfas H. (shown in the photo) and her husband, Mr. Sles El, both 50 years old, live along National Road Number Six about twenty kilometers from Phnom Penh, the capital city of Cambodia. They have been married since 1978 and have five children: four sons and one daughter. Two have full-time employment and the other three are still in school.
Sreyfas stays at home and does housework. The main source of income is from her husband’s business. He produces hand rails and staircases made of cement. He wants to purchase additional materials to operate the business.
Sreyfas is asking for her first loan of $1,200 to provide capital for her husband’s 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.