Mrs. Torn has been a silk weaver for thirty years. She sells her finished products to the middle man in the village, who then takes it to sell in Phnom Penh. Besides her weaving business, she grows rice as well. She needs the money to continue her existing business and repair the broken part of her house.
She is requesting a loan of US$1200 to purchase silk materials for weaving and to purchase rice seeds and fertilizer for growing rice. The remainder of the money she will use to repair her house.
About MAXIMAMAXIMA 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.
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Success!! The loan was 100% repaid