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funding gap emerging markets
Cambodia

Vath Vatanak

  • MAXIMA
  • Invest in microfinance
  • + 17 other investors
  • With a loan of EUR 5,200 Vatanak will able to increase the number of orders and expand his chicken farm.

    €5,200
    Amount
    3.25%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,200
    Interest3.25%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 16 February 2017.

      The project

      Vath Vatanak married Me Sona in 2008, and they have 2 sons. They live in Somrong Torng District, Kompong Spue Province. Vatanak is chicken farming worker for 2 years and his wife is a garment factory worker for 7 years.

      Vatanak learns how to raise chicken from his place work . Vatanak run business of raising chickens. Vatanak informs that in every season, the retailer often come to his home for the chicken, so it is easy . it is family business so not hire any worker,  but his  wife assist in the business. In order to meet the raising demand of his clients, Vatanak is in need of working capital to expand his farm for raising chickens as he needs to expense for organic animal food, vaccine for chickens, etc.

      Vatanak also wish to purchase chickens for raising well. Using loan from Maxima Microfinance Plc., Vatanak will able to increase the number of orders he could manage.

      Company nameMAXIMA
      CEOVath Vatanak
      Founded2015-01-01
      LocationSomrong Torng District, Kompong Spue Province
      SectorAgriculture
      Turnover€18,017.92
      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 Vath Vatanak

      Elke Krekels
      Derkjan van Veen
      + and another
      17
      investors