Sakhon (pictured here) and his wife, Lun, are 65 years old. They live in a village about seventeen kilometers from Phnom Penh City. They have five children: three sons and two daughters. Three are married, one is a garment worker and another is hired to farm and gets paid with fees.
Sakhon and his wife are vegetable farmers. Sakhon looks old, but he is still strong enough to work. He is asking for a loan in the amount of $1,500 to maintain his vegetable farm by buying pesticide, fertilizer and seeds. He will use a part of the loan to pay fees for the rental of more plots of farmland on which to grow vegetables, in order to increase the volume of his productivity.
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.