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funding gap emerging markets
Cambodia

Sreypov Om

  • Phillip Bank
  • Invest in a Financial Institution
  • + 25 other investors
  • Sreypov is now asking for a loan of EUR 6,000 to add her husband business capital to pay for laborer day costs.

    €6,000
    Amount
    3.25%
    Interest
    42 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,000
    Interest3.25%
    Maturity42 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 5 days on 15 August 2017.

      Summary

      Sreypov, 33, is married mother of three children who lives in the Kampong Cham province of Cambodia. She is a rice farmer and has been cultivating rice to make profits since 2005, while her husband is a construction force man to aid the family income. 

      She is now asking for a loan to add her husband business capital to pay for laborer day costs. Because he needs to pay to labors first and get paid from the house owner after the construction finish.

      Company nameSreypov Om
      CEOSreypov Om
      Founded2007-01-01
      LocationKampong Cham
      SectorAgriculture
      Turnover€16,482.75
      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.

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

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      We have already contributed to Sreypov Om

      Gert Baas
      Frank Fekken
      Bernold Nieuwesteeg
      + and another
      25
      investors