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funding gap emerging markets
Cambodia

Port Mao

  • Phillip Bank
  • Invest in a Financial Institution
  • + 11 other investors
  • With a loan of EUR 3,800 Mao can buy one more hectare of farmland to improve her rice cultivation.

    €3,800
    Amount
    3.25%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.25%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 20 November 2017.

      Summary

      Read the information document of the issuer here

      Mao, 42 years old, lives with her husband and two children in a village in the province of Prey Veng in Cambodia. She works as a farmer, cultivating rice since 1997. Meanwhile her husband works as a blacksmith.

      With this loan she can purchase one more hectare of farmland to increase her rice output and income. 

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

      Company name Port Mao
      CEOMao Port
      Founded1997-01-01
      LocationPrey Veng
      SectorAgriculture
      Turnover€12,796.61
      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 Port Mao

      Piet van der Kooi
      + and another
      11
      investors