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funding gap emerging markets
Cambodia

Chhun Mengkeang

  • MAXIMA
  • Invest in microfinance
  • + 12 other investors
  • With EUR 5,400 blacksmith Menkeang is able to meet the growing demand for his iron/steal handicrafts .

    €5,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 7 days on 26 August 2016.

      The project

      Chhun Mengkeang married Pao Chinda in 2003 and they have 2 daughters. They live in Koh Okhna Tey Commune, Ksach Kandal District, Kandal Province. Mengkeang is a blacksmith, and he runs the business of producing iron and steel material for 2 years.

      Mengkeang purchases material from Phnom Penh, and he learns the concept of business when he worked as a blacksmith for one handicraft shop in Phnom Penh. Mengkeang currently provides job for 2 workers.

      In order to meet the rising demand of his clients, Mengkeang is in need of working capital to expand his business by purchasing equipment, and steel. Using loan from Maxima Microfinance Plc., Mengkeang will be able to increase the number of orders he could manage.

      Company nameMAXIMA
      CEOChhun Mengkeang
      Founded2014-01-01
      LocationKoh Okhna Tey Commune, Ksach Kandal District, Kandal Province
      SectorManufacturing / Production
      Turnover€24,621.62
      Employees3

      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 Chhun Mengkeang

      Marlies Witteveen
      Arno Huibers
      Hans Bierhuis
      Ron van Eijk
      + and another
      12
      investors