Seng (pictured with her loom), age 44, is a weaver. Her husband Nao, age 48, is a construction worker and raises cattle at home. Besides the business, the couple also grows sesame and beans when farming season comes. They live in a village near the Mekong River about 20 kilometers from Phnom Penh City and they have six children, five sons and one daughter. One is a garment worker, three attend school and other two are still too young.
Seng is applying for her first loan in the amount of $500 to purchase weaving materials for her weaving business and to buy seeds, fertilizer and pesticide to maintain her sesame and bean farm.
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.