CambodiaPhala Lem
With a loan of EUR 6,400 Phala can buy a new truck for his transportation service and increase his income.
€6,400
3.25%
48 months
6 months
EUR
Currency| Amount | €6,400 |
| Interest | 3.25% |
| Maturity | 48 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Lem Phala married Cheng Sreyky, and they live in Koh Okhna Tey Commune, Ksach Kandal District, Kandal Province. Phala is a truck driver, and he provides service transportation equipment, and material. Phala’s wife, Sreyky runs a grocery store, and she is able to earn more income for her family.
Due to rising demand from clients for the service transportation and delivery of equipment and material, Phala wishes to buy a new truck. Some part of the loan he gets, Phala will spend it to support his wife business. Using loan from Maxima Microfinance Plc. Phala is able to purchase a new truck, and increase his income.
Local partner Maxima will provide a loan to Phala that must be repaid in 48 months.
| Company name | MAXIMA |
| CEO | Phala Lem |
| Founded | 2005-01-01 |
| Location | Koh Okhna Tey Commune, Ksach Kandal District, Kandal Province |
| Sector | Services |
| Turnover | €11,490.82 |
| Employees | 1 |
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