Roues Sreyda
With a loan of EUR 9,400 Sreyda will be able to renovate her restaurant and invest in her business.
€9,400
3.25%
42 months
6 months
EUR
CurrencyAmount | €9,400 |
Interest | 3.25% |
Maturity | 42 months |
Repayments | 6 months |
Currency | EUR |
Summary
Sreyda is a widow and resides with two school-aged children in the Kampong Cham province. To earn a living, she has been opening a small restaurant selling soup and beer.
She also owns a small truck renting to garment factory to transport garment workers. She is now asking for a loan to rebuild her restaurant and reinvest in her business to earn more income.
Company name | Roues Sreyda |
CEO | Sreyda Roues |
Founded | 2013-01-01 |
Location | Kampong Cham |
Sector | Wholesale / Retail |
Turnover | €32,830.18 |
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 3 jobs are created
- With this investment 12 lives are improved