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funding gap emerging markets
Cambodia

Chantha Khan

  • Phillip Bank
  • Invest in a Financial Institution
  • + 9 other investors
  • To earn more profits, Chantha is now asking for a loan of EUR 4,400 to renovate her house for rent.

    €4,400
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 12 September 2016.

      Summary

      Mrs. Khan Chantha is a 46 years old who lives in the Phnom Penh city. She was married and has two children whom are attend school. She is a cooker in the restaurant, while her husband is a motorcycle taxi driver to earn additional income to support the family living.To earn more profits, she is now asking for a loan to renovate her house for rent. She believes this loan will allow her to increase her income and raise her living standard.

      Company nameChantha Khan
      CEOChantha Khan
      Founded2016-01-01
      LocationPhnom Penh city
      SectorServices
      Turnover€12,321.42
      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 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Chantha Khan

      R. Dufour
      Menne Glas
      + and another
      9
      investors