Mrs. Sophat S., 41, and her husband, Mr. Morn Moe, 47, was married in 1984 and have five children: two sons and three daughters. Two of their children are married and live outside the family house, one daughter is a garment factory worker and another one attends school. The family lives on an Island of the Mekong River, about 15 kilometers from Phnom Penh.
Sophat has been a silk weaver for 29 years, a skill she learned from her mother. She sells her finished products at places far away from her house. Her husband has been a boat repairer in the village for two years. Sophat is requesting a loan of $300 to purchase silk materials for her weaving business.
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.