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funding gap emerging markets
Cambodia

Khom Sokha 2

  • Phillip Bank
  • Invest in a Financial Institution
  • + 18 other investors
  • With a loan of EUR 6,700 Sokha will be able to expand his land so he can cultivate more rice this season.

    €6,700
    Amount
    3.25%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,700
    Interest3.25%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 25 January 2018.

      Summary

      Read the information document of the issuer here

      MR. KHOM Sokha, 42 years of aged, is a school director in the Kampong Cham province of Cambodia. He is married and has two school aged children. He has been working as a school director for the past ten years, meanwhile his wife is a grocer.


      In order to increase his family profits, he is now asking for a loan to cultivating rice this season. He sees with this loan is a good opportunities to expand his business and raised his family living standard.  

      Company nameKhom Sokha 2
      CEOSokha Khom
      Founded2008-01-01
      LocationKampong Cham Province
      SectorAgriculture
      Turnover€12,049.18
      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

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      We have already contributed to Khom Sokha 2

      Piet van der Kooi
      Marc Sierink
      + and another
      18
      investors