Bros Sreyna
With a loan of EUR 3,250 Sreyna is able to buy more products to sell at her groceries shop and increase her income.
€3,250
3.25%
36 months
6 months
EUR
CurrencyAmount | €3,250 |
Interest | 3.25% |
Maturity | 36 months |
Repayments | 6 months |
Currency | EUR |
The project
Read the information document of the issuer here
Sreyna is 29 years old, married and lives in a village in the province of Kampong Cham in Cambodia. She has been working in her grocery store for the past six years while at the meantime her husband is a farmer.
With this loan, she can pay for product to stock her store. These purchases will help her to expand her business and attract more customers.
Local partner Kredit provides this loan with a maturity of 36 months.
Company name | Phillip Bank |
CEO | Sreyna Bros |
Founded | 2012-01-01 |
Location | Kampong Cham Province |
Sector | Wholesale / Retail |
Turnover | €37,296.77 |
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 1 jobs are created
- With this investment 2 lives are improved