Thea, age 33, is a motor taxi driver. His wife, Chamroeun, age 30, is a garment worker, and they have been married since 2005 and just have one young daughter. The family lives in a village approximately twenty kilometers from Phnom Penh City.
Thea hopes to change his business from motor taxi driver to Tuk Tuk driver, because it can carry more goods and people than a motor taxi. Hence, Thea decided to apply for his first loan in the amount of $600 to add to his own money to buy a Tuk Tuk.
Photo: Thea is standing next to the Tuk Tuk which he wanted to buy because he bought it, but he did not pay any money yet. So, he asks for the loan to pay for purchasing.
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.