Mrs. M. Chinda and her husband, Mr. Nhem Cheng have been married since 1991. They have three daughters, two of whom are studying in a local school, and the youngest who stays at home. Chinda and her family are living across the Mekong River about fifteen kilometers from Phnom Penh. She earns a living weaving silk. She learned to weave silk from her neighbor and started her silk production in 1996. Her husband is a fisherman, grows rice and raises pigs.
Chinda is requesting her third loan for the amount of $1000. She will use this money to purchase silk material for weaving and to buy baby pigs for raising.
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.