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funding gap emerging markets
Cambodia

Manh Rortha

  • Phillip Bank
  • Invest in a Financial Institution
  • + 19 other investors
  • With a loan of EUR 5,400 Manh is able to cultivate more rice and increase her yield.

    €5,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 11 May 2017.

      Summary

      Manh is 27 years old, married mother of 2 school aged children, lives in the Kampong Cham province of Cambodia. For the past ten years, she has been operating in her rice farm to make profits, while her husband is a fisherman and farmer as well. 

      Because of the low crop yields for the past year, she is now asking for a loan to cultivating rice in this dry season in order to increase her crop yields. She thinks this loan is the good economic opportunities to help her finance and raise her family living standard.

      Local partner Kredit will provide this loan.

      Company nameManh Rortha
      CEOManh Rortha
      Founded2007-01-01
      LocationKampong Cham
      SectorAgriculture
      Turnover€14,881.65
      Employees2

      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 Manh Rortha

      Tammo Bootz
      Niek de Bruijn
      Ron van Eijk
      Ruurd Kamphuis
      A. Pronk
      + and another
      19
      investors