"I don't know what to do," Soriya Market owner Sokong Poy said on July 31 after damage caused by a fire on an upper floor destroyed her store and much of its inventory. Poy and her partner will reopen the store at a new location, thanks in part to a small-business loan from the Fall River Office of Economic Development. (Jack Foley)

Sep 13, 2009

By Michael Holtzman
Herald News Staff Reporter
(Fall River, Massachusetts, USA)

FALL RIVER — Owners of a Flint-area Cambodian market that sustained heavy fire damage in July have received a boost from the Fall River Office of Economic Development.

Sokong Poy and Hoeun Touch, owners the past six years of Soriya Market on Pleasant Street, were approved Thursday for a $25,000 micro loan, said FROED Executive Vice President Kenneth Fiola.

He said the six-year loan at 7.5 percent interest would “give the couple working capital for stock and to help their cash flow.”

0 comments:

Post a Comment

My Blog List

Followers

Blog Archive