Mr. Vutha S., 29, and his wife, Mrs. Sokny S., who live about twenty kilometres from Phnom Penh, were married in 2003 and have one daughter.
Mr. Vutha S. has been motor taxi driver for a few months, while his wife Mrs. Sokny S. sells rice soup and Khmer noodles at the village market. Before he started this business, Vutha was a garment factory worker. His motorcycle is very old and is now broken so he needs some money to buy a new one. Vutha is requesting a loan for the amount of $500 to purchase a motorcycle to replace the old one, so that he can continue his motor taxi business.
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.