Mrs. Sophea H. (pictured with her young daughter) is 37 years old. She lives in a suburb of Phnom Penh with her husband, Mr. Nhoeurn Uy, who is 48 years old. They have been married since 1986 and have six children – five sons and one daughter. One is married, three are garment factory workers, one is a construction worker and the other is still young.
Sophea sells meatballs in her village. Her husband is a construction worker. She is asking for her first loan of $1,000 to purchase construction materials 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.