Pho (pictured with her loom) is a silk weaver, while her husband is a construction worker and farmer. They have been married since 1988 and have seven children--three sons and four daughters. The family lives on an island in the Mekong River about fifteen kilometers from Phnom Penh City.
Pho is asking for another loan of $1,000 to continue her weaving business by purchasing weaving materials. And she will use another part of the loan to assist in her husband’s farming 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.