funding gap emerging markets

Kak Sreng

  • Phillip Bank
  • Local partner investment
  • + 3 other investors
  • With a loan of EUR 2,550 Sreng is able to sell more products at her groceries story and enlarge her business.

    36 months
    6 months
    Maturity36 months
    Repayments6 months
      Fully funded in 54 minutes on 14 November 2017.
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      Read the information document of the issuer here

      Sreng is a 50 year old, married woman who lives in the provice of Prey Veng together with her husband and two children. She and her husband are working at the grocery store and rice farm they own since 2015.  

      With this loan she can add groceries to her store and improve her rice cultivation. Therefore her income will grow and she is able to pay for her children's school fees. 

      Local partner Kredit provides this loan with a maturity of 36 months. 

      Company nameKak Sreng
      CEOSreng Kak
      LocationPrey Veng
      SectorWholesale / Retail


      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.


      Related blog articles

      Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs. 

      • With this investment 1 jobs are created
      • With this investment 4 lives are improved

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      We have already contributed for Kak Sreng

      Frank Knol
      Piet van der Kooi
      + and another