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funding gap emerging markets
Cambodia

Hort Mach

  • Phillip Bank
  • Invest in a Financial Institution
  • + 31 other investors
  • With EUR 13,200 Mach is able to buy extra land to build a second guesthouse and rent out more rooms.

    €13,200
    Amount
    4.00%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€13,200
    Interest4.00%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 days on 16 May 2016.

      Summary

      Mrs. Hort Mach is married and lives with her husband and two children in Kampong Cham province. To earn a living, she opens a guesthouse with 10 rooms. Currently there are 3 rooms are rent with long term contract and other 7 rooms are usually rent for a short time. 

      Her husband is a district police officer. She is now looking for a new investment to purchase a plot of land so that she can build a local guesthouse for the future.

      Company nameHort Mach
      CEOMach Hort
      Founded2012-01-01
      LocationKampong Cham
      SectorServices
      Turnover€16,884.95
      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.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Hort Mach

      Els Mol
      Ron van Eijk
      Richard Tee
      Tim Slijp
      Jan Meijberg
      + and another
      31
      investors