Phally is a widow. She has two daughters who are garment workers. She lives along the Tonle Basac River, a tributary of the nearby Mekong, approximately 15 kilometers from Phnom Penh City.
Phally is a corn farmer. Besides farming, she also sells mangoes. She hopes to continue her farming business, so she is asking for another loan of $700 to buy seed, fertilizer and pesticide to maintain her farm. She will also use part of the loan to purchase additional corn on contract from her fellow villagers for sale.
Photo: Phally and her brother.
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.