Hort Mach
With EUR 13,200 Mach is able to buy extra land to build a second guesthouse and rent out more rooms.
€13,200
4.00%
48 months
6 months
EUR
CurrencyAmount | €13,200 |
Interest | 4.00% |
Maturity | 48 months |
Repayments | 6 months |
Currency | EUR |
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 name | Hort Mach |
CEO | Mach Hort |
Founded | 2012-01-01 |
Location | Kampong Cham |
Sector | Services |
Turnover | €16,884.95 |
Employees | 1 |
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