Miss Sitha L., 33, is single and lives with her elderly parents and one sister on an island on the Mekong River about 15 kilometers from Phnom Penh. Her sister has full time employment in Phnom Penh.
Miss Sitha has been a silk weaver since she was 15 years old, a skill she learned from her mother. She sells her finished products to the middleman in the village, who then resells them in Phnom Penh. She is now requesting a loan of $400 to purchase silk material for weaving.
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.