Syphos (in the photo) is 44 years old and her husband, Sophon, is 54 years old. They live in a suburb of Phnom Penh. They have been married since 1987 and have three children - one son and two daughters. One child has full-time employment, another one is in university, and the other one is in high school.
Syphos stays at home and raises cows, while her husband is a soldier. She wants to launch a business - buying and reselling rice. So, she is asking for a loan in the amount of $1,000 to help her capital. She will also use part of the loan to make a stairway in her house and to pay the school fees for her daughter, who is in her second year of banking university.
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.