Phonn Sovanakra
With a loan of EUR 5,200 Sovanakra can increase his stock and buy a motorcycle to transport products.
€5,200
4.00%
48 months
6 months
EUR
CurrencyAmount | €5,200 |
Interest | 4.00% |
Maturity | 48 months |
Repayments | 6 months |
Currency | EUR |
The project
Phonn Sovanakra married Veth Savoeun, and they have 1 son and 1 daughter. They live in Ponhnea Leu District, Kandal Province. Sovanakra runs small retail shop selling different kind of stuff include: shampoo, shoes, plastic bag, plastic bottle, beverages, etc. Sovanakra also sell pure dirking water. Sovanakras wife, Savoeun also sells vegetables, meat, rice at this retail shop to earn more income for her family.
Sovanakra bought material from Prek Pnov Market, and Orussey Market. Sovanakra is able to sell beverage and stuff for people in his village. It is family business and at present they do not hire any workers.
In order to meet the rising demand of her clients, Sovanakra is in need of working capital to:
- purchase more beverages, and material for his retail shop
- purchase a motorbike and a cart attached to motorbike to assist in transportation of drinking water
Using loan from Maxima Microfinance Plc., Sovanakra will be able to increase the number of orders he could manage.
Company name | MAXIMA |
CEO | Sovanakra Phonn |
Founded | 2011-01-01 |
Location | Ponhnea Leu District, Kandal Province |
Sector | Wholesale / Retail |
Turnover | €46,003.53 |
Employees | 2 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 1 job is created
- With this investment 4 lives are improved