AY Naysriv
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
3.25%
42 months
6 months
EUR
CurrencyAmount | €8,450 |
Interest | 3.25% |
Maturity | 42 months |
Repayments | 6 months |
Currency | EUR |
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 name | AY Naysriv |
CEO | Naysriv Ay |
Founded | 2012-01-01 |
Location | Kampong Cham Province |
Sector | Services |
Turnover | €16,610.16 |
Employees | 2 |
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