CambodiaBros Sreyna
With EUR 4,150 Sreyna is able to stock more groceries to sell in her store and thus increase her family income.
€4,150
3.25%
36 months
6 months
EUR
Currency| Amount | €4,150 |
| Interest | 3.25% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
Explore the project
Read the information document of the issuer here
Sreyna, 28, is a married mother and has one child, who is still in school. They all live in Kampong Cham province, Cambodia. She and her husband have been operating her grocery store and cultivate rice since 2009 to makes profits to support the living.
Since her business is going well, Sreyna is now asking for a loan to add groceries to sell at her store. The rest of the loan she will use to cultivate rice this growing season. She sees that this loan will help her to enlarge her business to meet her customers’ demand, and improve her family’s lives, especially helping her children through to go to college.
Local partner Kredit provides the loan, which has to be repaid in 36 months.
| Company name | Bros Sreyna |
| CEO | Sreyna Bros |
| Founded | 2009-01-01 |
| Location | Kampong Cham Province |
| Sector | Wholesale / Retail |
| Turnover | €37,515.25 |
| Employees | 1 |
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