Sahan Krien
Sahann is now asking for a loan of EUR 5,400 to purchase a plot of land to use for build a house.
€5,400
4.00%
36 months
6 months
EUR
CurrencyAmount | €5,400 |
Interest | 4.00% |
Maturity | 36 months |
Repayments | 6 months |
Currency | EUR |
Summary
Mr. Krien Sahan, 26, is an electrician who from Tboung Khmum Province of Cambodia and he lives with his wife in Phnom Penh City. He has been working as an electrician, while his wife has working in a hotel.
Due to a shortage of finance, he is now asking for a loan to purchase a
plot of land to use for build a house. He sees these investment will allow
him to have his own land and house.
Company name | Sahan Krien |
CEO | Sahan Krien |
Founded | 2016-01-01 |
Location | Tboung Khmum Province |
Sector | Services |
Turnover | €10,270.27 |
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 job is created
- With this investment 4 lives are improved