Yat is 32 years old and her husband, Ry, is 36 years old. They live in a village across the Mekong River about 17 kilometers from Phnom Penh City. They have two sons and one daughter. All of them are in school.
Yat sells second-hand clothes. She buys clothes from Phnom Penh markets and sells them in the local market. Her husband is a farmer and drives a motor taxi when he is free from farming.
Yat is asking for a loan of $1,000 to assist in her husband’s farming business by buying a motorized hand tiller.
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.