funding gap emerging markets
Cambodia

Kroeng Pha

  • Phillip Bank
  • Local partner investment
  • + 11 other investors
  • To earn more income, Kroeng is now asking for a loan of EUR 4,800 to purchase more ducks to raise for duck eggs.

    €4,800
    Amount
    3.25%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,800
    Interest3.25%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 23 January 2017.
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      Summary

      Kroeng Pha, 49, is married and resides with her husband and two children in Kampong Cham Province, Cambodia. She and her husband have been involved in growing agricultural crops and raising ducks for over seven years and are successful in their career. Additional, her husband also involve in construction. 

      To earn more income, Pha is now asking for a loan to purchase more ducks to raise for duck eggs. She believes that this investment will bring more income to support her family.

      Company nameKroeng Pha
      CEOKroeng Pha
      Founded2009-01-01
      LocationKampong Cham
      SectorAgriculture
      Turnover€72,057.69
      Employees1

      Impact

      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.

       

      SDG’s impacted

      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.

       

      Related blog articles

      Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs. 

      • With this investment 1 job is created
      • With this investment 4 people are reached

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      We have already contributed for Kroeng Pha

      Sjoerd Wiersma
      + and another
      11
      investors