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funding gap emerging markets
Camboya

Chan Thida

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 18 inversores
  • With EUR 35,000 Thida can invest in a truck to transport the Hindu sacred shelfs she makes to her clients.

    €35,000
    Importe
    4.00%
    Interés
    48 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€35,000
    Interés4.00%
    Vencimiento48 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 9 díasen 21 Abril 2016.

      El proyecto

      Thida is married and lives with her husband and two young children in Phnom Penh city. Thida and her husband have a business building and selling Hindu sacred shelf, a shelf where Cambodian people respect. This shelf is usually made from cement coloring mostly in yellow. With this business, This couple has employed two workers to work with. They have been start this business since 2012 and a day they can build two sacred shelf.

      Since the business is going well, this couple is requesting for a loan from KREDIT to purchase a pickup truck, reinvest in the business, and build four rooms to rent. The pickup truck is to transport for any customer who buy sacred shelf. Must be repaid in 48 months. 

      Nombre de la empresaPhillip Bank
      Director generalThida Chan
      Fundado2012-01-01
      UbicaciónPhnom Penh
      SectorMayorista / Minorista
      Volumen de negocio€63,347.36
      Empleados2

      Impacto

      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.

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