Navy (in the photo) is a hairdresser and she also supplements her income with a new business selling grocery items, rice, soft drinks and beer. Her husband, Phea, is barber.
Additionally, Navy rents out a space in her house. She is requesting a loan in the amount of $1,500 to purchase a motorbike for commuting and she will expand her business by buying more rice and beers to sell.
Navy lives in a village about 15 kilometers from Phnom Penh City. She has two children: one son and one daughter. One child is in school and the other one is still young.
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.