Mr. Tuy R., 32, is single and lives with his parents, who live in a small village across from the Mekong River, about fifteen kilometers from Phnom Penh. He has eight brothers and sisters, and his parents grow rice in the village.
Mr. Tuy has been a mason for two years. Besides construction work, he also farms. Currently he and his parents lack the money for his farming business. Therefore, Tuy is requesting a loan of $500 to purchase water pipe line, fertilizer, rice seed and pesticide for growing rice.
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.