funding gap emerging markets
Cambodia

Rort Than

  • Phillip Bank
  • Local partner investment
  • + 16 other investors
  • With a loan of EUR 8,000 Than will be able to buy a car for his company that can be steered by his son.

    €8,000
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,000
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 6 September 2016.
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      Based on all Lendahand historical investments
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      Summary

      Rort Than, 57, is married and has two children who lives in the Phnom Penh City of Cambodia. He and his wife have been running a business as construct and sell shrine and sculptures to make profits since 1989. 

      He sees the purchase of a car will allow him to have own business and increase his family income.

      Company nameRort Than
      CEOThan Rort
      Founded1989-01-01
      LocationPhnom Penh City
      SectorWholesale / Retail
      Turnover€24,324.32
      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.

       

      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 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Rort Than

      Annelies Braakman
      Els Mol
      Robert Schellekens
      Suzan van der Meij
      Menne Glas
      + and another
      16
      investors