Mr. Sokha S. and his wife have been married since 1994. They have three children: one son and two daughters. Two of their children are in school, while the youngest one stays at home. The family lives about fifteen kilometers from Phnom Penh.
Mr. Sokha has been in the business of grocery sales for over a year. He buys grocery items from a market in Phnom Penh for resale at his shop. Thanks to the business, he earns between 10,000 and 20,000 riel per day. His wife works as a garment factory worker.
Mr. Sokha is now requesting a loan of US$1,000 to purchase a motorbike for family use and to buy grocery items for resale.
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.