Mrs. Soeun K. and her husband married in 1970. They have six children:one son and five daughters. Four of their children are married and live outside the family home and three children live under their roof and help them in doing farming. The family lives along the Tonle Basac River, a tributary of the nearby Mekong, about fifteen kilometers from Phnom Penh.
Mrs. Soeun and her husband have been doing farming almost thirty years. They grow jasmine flowers and bananas on the farm near their home. Besides farming, Mrs. Soeun sells jasmine flowers at market in Phnom Penh. She buys jasmine flowers from farmers in the village for resale.
Mrs. Soeun is requesting a loan in the amount of $700 for purchasing jasmine flowers from farmers.
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.