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funding gap emerging markets
Cambodia

Nut Sarom

  • Phillip Bank
  • Invest in a Financial Institution
  • + 16 other investors
  • Sarom is now asking for a loan of EUR 5,750 to expand her restaurant and grow more income.

    €5,750
    Amount
    3.25%
    Interest
    42 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,750
    Interest3.25%
    Maturity42 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 29 November 2017.

      Summary

      Read the information document of the issuer here

      Sarom, 37 years old, lives with her mother in the province of Prey Veng in Cambodia. Since 2010, she own a restaurant which has been doing pretty well ever since.


      With this loan, she can take the next step and expand her restaurant. This investment enables her to attract more customers and increase her income.  

      Local partner Kredit provides this loan with a maturity of 42 months. 

      Company nameNut Sarom
      CEOSarom Nut
      Founded2007-01-01
      LocationPrey Veng
      SectorServices
      Turnover€15,254.23
      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 jobs are created
      • With this investment 4 lives are improved

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      We have already contributed to Nut Sarom

      Piet van der Kooi
      Hans Bierhuis
      + and another
      16
      investors