Mrs. Savet K. (pictured with her loom) and her husband, Mr. Som-ol Chab, are silk weavers. Besides weaving, Som-ol is also a construction worker. They have eight children - two sons and six daughters. Four are married and live in their own family homes, one is a garment factory worker, two weave silk at home, and another one is a construction worker. The family lives about fifteen kilometers from Phnom Penh, the capital city of Cambodia.
Mrs. Savet K. asks for another loan of $1,100 to continue her weaving business by purchasing silk and cotton materials.
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.