Mrs. Srey S., 44, and her husband, Mr. Thon Chim, 51, live across the Mekong River about seventeen kilometers from Phnom Penh City. They have three children - two sons and one daughter. One of their children is married (and lives outside of the family home) and other two attend school.
As a farmer, Mr. Thon Chim grows rice and vegetables. He also buys surplus rice from fellow villagers to resell to a middleman. Mrs. Srey S. sells beef at the local market and assists her husband with his farming business. Mrs. Srey S. is asking for her first loan of $700. The loan will be used in her husband's business of purchasing surplus rice 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.