funding gap emerging markets
Cambodia

Roeun Nhanh

  • Phillip Bank
  • Local partner investment
  • + 17 other investors
  • With a loan of EUR 5,050 Nhanh is able to open a grocery store at her home and increase her family income.

    €5,050
    Amount
    3.25%
    Interest
    42 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,050
    Interest3.25%
    Maturity42 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 14 December 2017.
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      Summary

      Read the information document of the issuer here.

      Nhanh is a 29 year old woman who lives with her child in the province Prey Veng in Cambodia. She works as a chef to earn income.

      With this loan, Nhanh is able to start her own business and open a grocery store at her house. This investment helps her to pay her child's school fee.  

      Local partner Kredit provides this loan with a maturity of 42 months. 

      Company nameRoeun Nhanh
      CEONhanh Roeun
      Founded2013-01-01
      LocationPrey Veng
      SectorWholesale / Retail
      Turnover€12,134.45
      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.

       

      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 jobs are created
      • With this investment 4 people are reached

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      We have already contributed for Roeun Nhanh

      Els Mol
      Frans Wittenberg
      Jan Okken
      + and another
      17
      investors