funding gap emerging markets
Cambodia

Kdip Saven

  • Phillip Bank
  • Local partner investment
  • + 28 other investors
  • With EUR 13,200 Saven will be able to invest in her vegetable shop and in the rice business of her husband.

    €13,200
    Amount
    4.00%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€13,200
    Interest4.00%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 3 June 2016.
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      Invest from €50
      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Mrs. KDIB Saven is married with four children and lives with her husband in Siem Reap province. She is a true entrepreneur, selling variety of vegetable in the local market to earn a profit to help support her family, and she has been selling since 2010. 

      Her husband is a farmer who grow rice one 3 hectares of farmland. About 60% of the rice output is able to sell at the market to have an additional income. 

      With a loan Saven will be able to invest in her vegetable shop and in the rice business of her husband.

      Company nameKdip Saven
      CEOSaven Kdip
      Founded2010-01-01
      LocationSiem Reap
      SectorWholesale / Retail
      Turnover€63,929.20
      Employees1

      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.

       

      Related blog articles

      Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs. 

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed for Kdip Saven

      Jan Hazejager
      Jan de Wit
      Niek de Bruijn
      Bianca de Bree
      Bernold Nieuwesteeg
      + and another
      28
      investors