Mr. Veng S., and his wife, Mrs. Chanthy Sim, 25, live in a small village along National Road Two, about twenty kilometers south of Phnom Penh. They have been married for one year and have one daughter, she is eight days old.
Mr. Veng has been a security guard since 2005. His wife has been a factory worker for five years. Both husband and wife are working in Phnom Penh City and they usually go to work by motor taxi and the cost is very high.
Veng is requesting a loan of US$1000 to purchase a motorcycle for going to work.
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.