CamboyaVa Chem
With EUR 13,200 Chem is able to expand her store that sells fruit to the public and other small sellers in the area.
€13,200
4.00%
48 meses
6 meses
EUR
Moneda| Importe | €13,200 |
| Interés | 4.00% |
| Vencimiento | 48 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Mrs. Va Chem is married and lives with her husband in Phnom Penh city. She has a big store and sells fruits in a downtown market of Phnom Penh city. She usually buy fruits from small farmers as a whole buyer then reallocate to small sellers and keeps some amount to sell from her store.
She also has a renting room business from her home to earn an additional income to support her family. She would like to both invest US$ 5000 in her fruit business. She sees these investments as opportunities that will be able to increase her daily income. To be repaid in 48 months.
| Nombre de la empresa | Phillip Bank |
| Director general | Chem Va |
| Fundado | 2014-01-01 |
| Ubicación | Phnom Penh |
| Sector | Mayorista / Minorista |
| Volumen de negocio | €221,052.63 |
| Empleados | 1 |
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.
- Con esta inversión se crea 1 puesto de trabajo
- Con esta inversión se mejoran 4 vidas