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AFM license has been obtained in September 2016

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Do you have a question? Call: 0031 10 717 18 15

Or mail to: info@lendahand.com (response within 24 hours)
Ico-camera HEM THIDA + 2 jobs
All projects

Thida Hem

With a loan of EUR 11,000 Thida is able to purchase more goods to expand her business of selling groceries.

65% raised so far, € 3.900,- required
  • image Maturity: 48 months
  • image Local partner: MAXIMA
  • image Receive 3.25% interest per annum

Hem Thida and  Sorm Sila married , and they live at Tram Kak District, Takeo Province of Cambodia. To earn the living, Thida and her husband working together, sells many kind of product such as  ice, pure drinking water and beverages, They running this business since 2015 it is family business, so dose not any hire worker. Her customers are the villages who gathered around, so that she wishes to enlarge her business. 

So she is in needs some working capital to purchase more goods to stock and fulfill the need of her customers who have much more demand every day. 

Local partner Maxima will provide the loan, which has to be repaid in 48 months. 

  • Local partner MAXIMA
  • Redemption schedule Semi-annual
  • Maturity 48 months
  • Annualized interest 3.25%
  • Company name Thida Hem
  • Owner Ms. Thida Hem
  • Location CambodiaTram Kak District, Takeo Province , Cambodia
  • Sector Wholesale / Retail
  • Founded 2015
  • Number of employees 2
  • Turnover € 54.916

About MAXIMA Microfinance plc

  • Number of SMEs in loan portfolio 1,113 (including microloans)
  • Total assets € 11,134,239
  • Leverage ratio 64.5%
  • Loan portfolio € 10,179,186
  • Write-off ratio last 12 months 0%
  • % loan amount in arrears (>90 days) 0.5%
  • % loan amount in arrears (>180 days) 0.6%
  • Numbers updated as of 31 March 2017
Maxima Microfinance Plc was founded with the objective of providing financial services to low income clients through small loans to individuals, groups and small to medium-sized enterprises (SMEs). They have been granted a license as a microfinance institution by the National Bank of Cambodia (NBC) in 2005. Headquartered in Phnom Penh, Cambodia, Maxima is one of the leading microfinance institutions in Cambodia. This partner is a socially and environmentally responsible MFI having strong ethical values and working within the framework of the client protection principles.

Read more

We already lend to Thida:

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    Ivo Richaers
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    Bernold Nieuwesteeg
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    Joop Singeling
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    Gert Baas
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    Ferdie Daanen
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    Jan Willem Greidanus
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    Jolien Beltman
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    Shon van der Veer
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    Marijke Janssens
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    Douwe Bart Bart Mulder
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    Pieter Verlee
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    Ineke van Werven-Bruijne
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    Pieter Mooij
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    Winfried Boonstra
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    Charlot van Stigt Thans
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    P. Rigter
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    Martijn Bosveld
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    ronald potuijt
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    Jacob Bosma
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    Michel van Cappellen
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    Frank Fekken
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    Johan van Kleef
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    Peter Koenders
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What happens if...

...a local partner goes bankrupt?

If a local partner for whatever reason goes bankrupt, there is a real chance that (part of) the loan granted by you will not get repayed. Since all local partners are legally speaking strictly separated, it is sensible to spread your investment over various local partners.

...an entrepreneur does not pay back on time or fully?

From experience we know that defaults do not often occur. However, if it happens then our local partner pays back the loan (plus interest) to you. Our partners hold a reserve for this. If the reserve is not sufficient then it will come out of their equity capital.

...the local currency devaluates?

Our local partners bear the exchange rate risks. We settle the loan, redemptions, and interest payments in euro. Therefore, you pay in euro and you receive the money back in euro.
Ico-06

Do you have a question? Call: 0031 10 717 18 15

Or mail to: info@lendahand.com (response within 24 hours)