Sles Chukeimas
With a loan of EUR 6,400 Chukeimas is able to purchase one hectare of farmland to grow more cashew nuts.
€6,400
3.00%
24 months
6 months
EUR
CurrencyAmount | €6,400 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
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 name | Sles Chukeimas |
CEO | Chukeimas Sles |
Founded | 2000-01-01 |
Location | Dambae |
Sector | Agriculture |
Turnover | €18,730.90 |
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 2 jobs are created
- With this investment 8 lives are improved