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Cambodia

Met Cheat

  • MAXIMA
  • Invest in a Financial Institution
  • + 5 other investors
  • Cheat is in need of working capital loan of EUR 2,200 to renovate his motorbike washing area,

    €2,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 31 May 2016.

      Summary

      Met Cheat married Neng Say, and they have 2 children. They live in Chhvang Commune, Ponhea Leu District, Kandal Province. Cheat runs a business providing service on motorbike washing. Cheat’s wife, Say is a factory worker, and she is able to earn income to support her family.

      Cheat started his business in 2013. Cheat provides service washing motorbike, and he also sells some grocery stuff includes instant noodle, egg, biscuit, and beverage for his clients. It is family business, and at present he does not hire any worker. Cheat is able to wash 7 motorbikes per day, but Cheat plans to hire 2 additional workers to assist him so that he can provide faster service and earn more income.

      In order to meet the rising demand of his clients, Cheat is in need of working capital to purchase renovate his motorbike washing area, purchase equipment for washing motorbike, and hire 2 workers. Using loan from Maxima Microfinance Plc., Cheat will be able to increase the number of orders he could manage.

      Company nameMet Cheat
      CEOMet Cheat
      Founded2013-01-01
      LocationChhvang Commune, Ponhea Leu District, Kandal Province
      SectorServices
      Turnover€3,643.24
      Employees1

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Met Cheat

      Frank Fekken
      Dirk Rentmeester
      Niek de Bruijn
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      5
      investors