Mrs. Sum K. (pictured above) sells Onsorm cake in her village. Her husband, Mr. Thap Toem is a mason, and together they have two children. All of their children are in school. Sum K. and her family live approximately fifteen kilometers from Phnom Penh, the capital of Cambodia.
Sum K. asked for a Kiva-funded loan from field partner Maxima once, she now has applied for another loan of $1,200. She intends to use the proceeds of this new loan to purchase neighboring land to expand her property.
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.