Sim, age 43, buys cows from his village and a nearby village, and sells them to a middleman who comes to buy them at his home. His wife, Sot, age 41, stays at home and does housework. They have been married since 1990 and have two sons. One is a garment worker and another is a construction worker. The family lives in a suburb of Phnom Penh.
Sim is asking for a loan of $1000 to buy additional cows for resale.
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.