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funding gap emerging markets
Cambodia

Un Aun

  • Phillip Bank
  • Invest in a Financial Institution
  • + 17 other investors
  • With EUR 2,950 Aun can expand her business by purchasing additional seedlings, a spray can and fertilizer.

    €2,950
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,950
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 December 2017.

      Summary

      Read the information document of the issuer here

      Aun is a 43-year-old married woman, who lives with her husband and 4 children in a rural community in the province Prey Veng in Cambodia. For the past 20 years, Aun has been operating at her farm together with her husband, where they cultivate rice in order to sell at the local market to earn a living.

      With this loan she can pay for additional seedlings, a spray can, and fertilizer to assist her with her farming activities. This is investment increases her income and allows her to support her family and pay her children's school fees.

      Local partner Kredit provides this loan with a maturity of 24 months. 

      Company nameUn Aun
      CEOAun Un
      Founded1995-01-01
      LocationPrey Veng
      SectorAgriculture
      Turnover€7,555.93
      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 Un Aun

      marian koning
      Piet van der Kooi
      + and another
      17
      investors