First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Cambodia

Savun San

  • Phillip Bank
  • Invest in a Financial Institution
  • + 13 other investors
  • With a loan of EUR 7,600 Savun and her husband can irrigate their land and buy natural fertilizer.

    €7,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€7,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 10 January 2017.

      Summary

      Savun San, 32, is married and lives with her husband and three children in the Tboung Khmum province, Cambodia. She and her husband, Leum Pring, have been working as farmers, growing pepper and raise animals for sell to earn income for about five years.

      This year, the weather condition in Cambodia have been difficult for farming as the rain come late which make her spends a lot of money on gas to water the farm. In light of this difficulties, she is asking for a loan to purchase natural fertilizer and prepare irrigation system for pepper plantation. She sees this business opportunity as a way to increase her income and have a higher standard of living.

      Local partner Kredit provides a loan to Savun and her husband that must be repaid within 24 months. 

      Company nameSavun San
      CEOSavun San
      Founded1998-01-01
      LocationMemot
      SectorAgriculture
      Turnover€30,680.76
      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 3 jobs are created
      • With this investment 12 lives are improved

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Savun San

      Dirk Rentmeester
      + and another
      13
      investors