Sophea, 29, is a driver. He also supplements his income with another business – buying cows and oxen and selling them to a middleman who comes to buy them at his house. His wife, Srey Oun plants small mango trees and sells them from home. The couple lives in a village off National Road Number Two, about twenty kilometers south of Phnom Penh. They have been married since 2008 and just had a young daughter.
Sophea is asking for a loan of $1,000 to purchase more cows and oxen for sale.
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.