Since the price of pepper are increased, Cheng is now asking for a loan of EUR 4,400 to grow more pepper.
Oem Cheng, 34, is a farmer who lives in the Tboung Khmum Province with her husband, Chea Samit.She has been working as a pepper farmer, while her husband is a rubber farmer to earn additional income to support the family since 2007, typically makes around 60USD.
Since the price of pepper are increased, she is now asking for a loan to grow more pepper. She sees these investment will allow her to enlarge her farm and increase her income as well.
|Company name||Cheng Oem|
|Location||Tboung Khmum Province|
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.
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Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs.
- With this investment 1 job is created
- With this investment 4 lives are improved