Ruos Pov

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Cambodia

Ruos Pov

Phillip Bank

Invest in microfinance

+ 22 other investors

With EUR 4,400 Pov and her husband can invest in his business of producing stairways and professionalize.

€4,400

Amount

3.00%

Interest

24 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€4,400
Interest	3.00%
Maturity	24 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 7 days on 27 September 2016.

The project

Rous Pov, 53, is a farmer who lives in the Tboung Khmum Province of Cambodia with her husband. She has been growing pepper as her main source of income, while Her husband, Ry Pak, 54, has earn income from construct stairway to sell.
Since this business earn a lot of profits, she is asking for a loan to reinvest in her husband business. She sees this investment as opportunity to enlarge her husband business and also increase her daily income.

To be repaid in 24 months.

Company name	Phillip Bank
CEO	Pov Ruos
Founded	2000-01-01
Location	Tboung Khmum Province
Sector	Agriculture
Turnover	€43,714.28
Employees	2

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 1 job is created
With this investment 4 lives are improved

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We have already contributed to Ruos Pov

Gerard de Jong

Erwin Meijer

Ron van Eijk

Casper Roos

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