funding gap emerging markets

Khn Sokheng

  • Phillip Bank
  • Local partner investment
  • + 14 other investors
  • With a loan of EUR 6,200 Sokheng and her husband are able to expand their farmland and grow more cassave.

    24 months
    6 months
    Maturity24 months
    Repayments6 months
      Fully funded in 22 days on 26 August 2016.
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      Mrs. Khn Sokheng, 58, is married and lives with her husband in Dambae district, Tboung Khmum province. To earn a living, she has been selling groceries and farming with her husband to earn as main income to support their family.

      To earn more profit to support her family, she is requesting for a loan from Kredit MFI of US$7000 to expand her farmland, growing more cassava.

      Company nameKhn Sokheng
      CEOSokheng Khn
      LocationTboung Khmum


      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 2 jobs are created
      • With this investment 8 people are reached

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      We have already contributed for Khn Sokheng

      Ron van Eijk
      Arno Huibers
      Arne Driessen
      Robert Schellekens
      + and another