Mrs. Loeng C., 33, and her husband, Mr. Thy Chamroeun, 46, who live on an Island in Mekong River about fifteen kilometers from Phnom Penh, were married in 2000 and have two children, one son and one daughter.
Mrs. Loeng has been a silk weaver since 1993, a skill she learned from her mother. She sells her finished products to the middle man in the village, who then takes it to sell in Phnom Penh. Her husband has been a boat builder for over twenty years.
Mrs. Loeng is requesting a loan of $300 to purchase silk materials to continue her weaving 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.