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funding gap emerging markets
Cambodia

AY Naysriv

  • Phillip Bank
  • Invest in a Financial Institution
  • + 34 other investors
  • Naysriv is asking for a loan of EUR 8,450 to buy a new modern bus to raise up her husband’s business for transportation.

    €8,450
    Amount
    3.25%
    Interest
    42 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,450
    Interest3.25%
    Maturity42 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 days on 27 November 2017.

      Summary

      Read the information document of the issuer here

      Mrs. AY Naysriv, 28, is married and lives in Kampong Cham province of Cambodia. She is a housewife and her family living has been supporting by her husband, HONG Sovathera, has been working as a taxi driver for tourism to earn an additional income for about five years.

      Because of the competitive market in Cambodia, Naysriv wants to develop her husband’s business but lacks of money. Due to these economic difficulties, she is asking for a loan from Kredit MFI to replace a new modern car to raise up her husband’s business.

      This new car is allow her husband to transport more passengers and it a good choice for customer to select. She believes that this loan will allow her to increase her daily income and better support her family.

      Company nameAY Naysriv
      CEONaysriv Ay
      Founded2012-01-01
      LocationKampong Cham Province
      SectorServices
      Turnover€16,610.16
      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 jobs are created
      • With this investment 4 lives are improved

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      We have already contributed to AY Naysriv

      Corné de Haas
      Piet van der Kooi
      Gerard de Jong
      + and another
      34
      investors