Mrs. Sophal M. is a widow with six children. Five of her children are married and live outside the family home. The youngest daughter is living with her and assisting in her business. The family lives along Tonle Basac River, a tributary of the nearby Mekong River about fifteen kilometers from Phnom Penh.
Sophal has been in the business of selling flowers and bananas for over twenty years. She buys them from farmers in her village to resell at market in Phnom Penh. Sophal is requesting a loan of US$600 to purchase more flowers and bananas to resell.
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.