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funding gap emerging markets
Cambodia

Phonn Sovanakra

  • MAXIMA
  • Invest in microfinance
  • + 12 other investors
  • With a loan of EUR 5,200 Sovanakra can increase his stock and buy a motorcycle to transport products.

    €5,200
    Amount
    4.00%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,200
    Interest4.00%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 hours on 4 April 2016.

      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. Sovanakra’s 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 nameMAXIMA
      CEOSovanakra Phonn
      Founded2011-01-01
      LocationPonhnea Leu District, Kandal Province
      SectorWholesale / Retail
      Turnover€46,003.53
      Employees2

      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

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      We have already contributed to Phonn Sovanakra

      Derkjan van Veen
      Gert Mosterd
      Annelies Braakman
      + and another
      12
      investors