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funding gap emerging markets
Cambodia

Ou Rathana

  • Phillip Bank
  • Invest in a Financial Institution
  • + 10 other investors
  • With a loan of EUR 4,250 Rathana is able to renovate her clinic and buy more medicine to sell.

    €4,250
    Amount
    3.25%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,250
    Interest3.25%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 18 November 2017.

      Summary

      Read the information document of the issuer here

      Rathana, 34 years old, is married and lives with her husband and child in the province of Prey Veng in Cambodia. She works as a midwife since 2012 and has been working in her own clinic and other private clinics. Meanwhile her husband is a credit officer at MFI.

      With this loan, she is able to renovate her clinic and buy more medicine to sell.

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

      Company nameOu Rathana
      CEORathana Ou
      Founded2012-01-01
      LocationPrey Veng
      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 Ou Rathana

      Piet van der Kooi
      Gerard de Jong
      Bas Pieters
      + and another
      10
      investors