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funding gap emerging markets
Cambodia

Lon Somala

  • MAXIMA
  • Invest in a Financial Institution
  • + 18 other investors
  • With a loan of EUR 4,600 Lon will be able to expand her weaving business and purchase more silk fiber for her production.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 hours on 4 April 2017.

      Summary

      Lon Somala married Ry Chenna in 2013, she lives with her husband and 1 child at Prek Luong Commune, Khsach Kandal District, Kandal Province of Cambodia. To earn the living, her husband works as a construction worker and she is weaver, she running this business since 2002. 

      It is family business does not any hire worker. Due to rising demand from her clients, Somala wishes to enlarge her business. And she needs some working capital to expand her business, she needs to expense purchase silk fiber for weaving. 

      So she decide apply loan from Maxima Microfinance Plc. After getting this loan, she will able to sustain her business and generate more in come for her family.

      Company nameLon Somala
      CEOLon Somala
      Founded2002-01-01
      LocationPrek Luong Commune, Khsach Kandal District, Kandal Province
      SectorManufacturing / Production
      Turnover€16,747.66
      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 Lon Somala

      Els Mol
      Elke Krekels
      Niek de Bruijn
      Madelien van Manen
      A. Pronk
      + and another
      18
      investors