Hun Samnang

First investment? Get €500 guaranteed with code GOODSTART.

Find out how

Cambodia

Hun Samnang

Phillip Bank

Invest in microfinance

+ 26 other investors

With a loan of EUR 7,150 Samnang is now able to purchase a new vehicle to empower his taxi business.

€7,150

Amount

3.25%

Interest

42 months

Maturity

6 months

Repayments

EUR

Currency

Amount	€7,150
Interest	3.25%
Maturity	42 months
Repayments	6 months
Currency	EUR

100%

Fully funded in 8 days on 24 December 2017.

The project

Read the information document of the issuer here

Samnang is a 30 year old man who lives with his wife and two children in the province Svay Reang in Cambodia. He works as a taxi driver transfering customers from Svay Reang to Phnom Penh.

With this loan, Samnang is able to buy a new car to replace the old one. This will help him to attract more customers and increase his income.

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

Company name	Phillip Bank
CEO	Samnang Hun
Founded	2015-01-01
Location	Svay Reang province
Sector	Services
Turnover	€15,462.18
Employees	1

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

Sorry! You must be logged in to view this page.

We have already contributed to Hun Samnang

Jaap Boersema

Gerard de Jong

Jan Hazejager

Frank Knol

Piet van der Kooi

+ and another

investors