Saroun, age 40, is a tuk-tuk (auto-rickshaw) taxi driver. His wife, Sophal, age 41, is a cleaner for a hotel. They have been married since 1992 and have four children: two sons and two daughters. One is married and lives in separately, another is a garment worker, and the other two attend school. The family lives on an island of the Mekong River about 15 kilometers from Phnom Penh City.
Saroun is requesting a loan in the amount of $1,500. He will use $600 to buy a new motorcycle because his current one is old and damaged. He will use the remaining $900 to finish his house construction, since he is in the process of rebuilding the family home.
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.