Chrep, age 34, is a farmer. Her husband, Vantha, age 36, is a soldier, and they live in a village about twenty kilometers from Phnom Penh City. They have been married since 1996 and have three children--two sons and one daughter. Two attend school and the other one is still too young.
Chrep wants to start a new fish farming business, so she is applying for her first loan in the amount of $500 to buy small fish and fish feed.
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.