Mrs. Saroeun S., age 45, and her husband, Mr. Yorn Yin, age 44, live in a small village across the Mekong River about 20 kilometers from Phnom Penh. They were married in 1990 and have six children: three sons and three daughters. Three of their children attend school, one child is a weaver and the youngest child is still very young and stays at home.
Saroeun has been a silk weaver for 17 years, a skill she learned from her neighbor. She sells her finished products to a middle man in the village, who then takes them to sell in Phnom Penh. Her husband has been a house builder and rice grower for the last 10 years. He is a horse cart driver as well.
Saroeun is requesting a loan of 300USD to purchase silk material for her weaving business and part of the loan 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.