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funding gap emerging markets
Cambodia

Sles Chukeimas

  • Phillip Bank
  • Invest in a Financial Institution
  • + 8 other investors
  • With a loan of EUR 6,400 Chukeimas is able to purchase one hectare of farmland to grow more cashew nuts.

    €6,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 28 November 2016.

      Summary

      Sles Chukeimas is married and lives with her husband in Tboung Khmum province. She is a hard-working farmer since 2000, growing rice, cashew nuts, and corns to support her family. The weather conditions have been difficult in Cambodia. 

      She is asking for a loan to purchase one hectare of farmland to grow more cashew nuts. She believes that this investment would bring more income to improve her living standard.

      Company nameSles Chukeimas
      CEOChukeimas Sles
      Founded2000-01-01
      LocationDambae
      SectorAgriculture
      Turnover€18,730.90
      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.

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

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      We have already contributed to Sles Chukeimas

      Gerard de Jong
      + and another
      8
      investors