funding gap emerging markets

Thuon Sopheap

  • Phillip Bank
  • Local partner investment
  • + 12 other investors
  • With a loan of EUR 5,400 Sopheap is able to purchase one hectare of farmland to grow more rice.

    36 months
    6 months
    Maturity36 months
    Repayments6 months
      Fully funded in 1 day on 31 August 2016.
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      Invest from €50
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      Based on all Lendahand historical investments
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      Mrs. Thuon Sopheap, 41, is married and lives with her husband in Kampong Cham province. Together with her husband, Kong, are working as garment factory workers to earn as main income to support their family. This couple also grow rice on 2 hectare of farmland to earn an additional income.
      Sopheap is now requesting for a loan to purchase one hectare of farmland to grow rice and hope to earn more income.

      Company nameThuon Sopheap
      CEOSopheap Thuon
      LocationPrey Chor


      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 people are reached

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      We have already contributed for Thuon Sopheap

      Robert Schellekens
      Menne Glas
      Hajé van Egmond
      Rinus Knuit
      + and another