Sophan sells grocery items in her village and her husband is a construction worker. They have been married since 2000 and have three children - one son and two daughters. Two of the children are in school and one is still too young. The family lives in a village across the Mekong River about 20 kilometers from Phnom Penh City.
Sophan has already asked for a Kiva loan to buy grocery items for resale. She hopes to continue expanding her business because it is doing well. Therefore, she has applied for another loan in the amount of $500 to buy more grocery items for her inventory.
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.