Mrs. Lida T., 37, and her husband, Mr. Vuth Noun, 46, live in a small village along the Mekong River about 15 kilometers from Phnom Penh. They were married in 1993 and have three children: one son and two daughters. Two of their children attend school and one is still very young. Lida also has her mother is living with her.
Lida has been a silk weaver for fifteen years, a skill she learned from her mother. She sells her finished products to a middleman who then takes them to sell in Phnom Penh. Her husband has been in the army for twenty years. He works at the Air Force Headquarters base in Phnom Penh.
Lida is requesting a loan of $1,000 to purchase silk materials and set up one more loom for her weaving business. She also wants to buy a motorbike for her husband to drive 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.