Sophat is 47 years old and her husband, Sihak is 36 years old (pictured together). They live in a village about twenty kilometers from Phnom Penh City. They have been married since 1995 and have three daughters who are in school.
Sophat and her husband are rice farmers and fishermen. Sophat is asking for her first loan of $800 to buy a boat and boat motor because she has a small boat and uses a boat paddle, which is why it’s difficult for her to move her boat from one place to another.
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.