Mrs. Sophal U., 43, and her husband, Mr. Leang Seak, 42, were married in 1990 and have a young daughter who is in primary school. The family lives along National Road Number Six, about 20 kilometers from Phnom Penh.
Sophal has been selling food and rice for two years. She buys the ingredients from Prek Anhchanh market to cook and sell at a school nearby her house. Her husband has been driving a taxi for over ten years. He drives from his village to Phnom Penh and other attractive places. The couple is in the process of building a new house but they lack sufficient money to finish, so Sophal is applying for her first loan of $500 to complete her new house.
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.