With EUR 13,200 Saven will be able to invest in her vegetable shop and in the rice business of her husband.
Mrs. KDIB Saven is married with four children and lives with her husband in Siem Reap province. She is a true entrepreneur, selling variety of vegetable in the local market to earn a profit to help support her family, and she has been selling since 2010.
Her husband is a farmer who grow rice one 3 hectares of farmland. About 60% of the rice output is able to sell at the market to have an additional income.
With a loan Saven will be able to invest in her vegetable shop and in the rice business of her husband.
|Company name||Kdip Saven|
|Sector||Wholesale / Retail|
Phillip Bank is a microfinance institution in Cambodia that invests in people and their businesses via Micro-loans. By providing working capital to local entrepreneurs, they enable people in Cambodia to further expand their businesses and reach their potential for business growth and job creation.
Micro-loans are an effective tool against poverty. Research has shown that communities with more viable small local businesses have more balanced economies and higher average prosperity levels. Their turnover mainly flows back to their communities, ensuring economic growth and stability. The capital provided by Phillip Bank works towards sustainably improving families' financial well-being in rural and urban communities.
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
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Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs.
- With this investment 2 jobs are created
- With this investment 8 people are reached