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funding gap emerging markets
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TY

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 21 inversores
  • With EUR 13,200 Ty can purchase grocery in bulk so she can have a special discount to increase her profit margin.

    €13,200
    Importe
    4.00%
    Interés
    48 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€13,200
    Interés4.00%
    Vencimiento48 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 11 díasen 26 Abril 2016.

      El proyecto

      Mrs. Ty Leangsey, 40, lives with her husband and children in Kandal province. She works in a grocery store, selling variety product from her home, while her husband is a farmer growing vegetables from his small plot of farmland near his house.

      To earn more profit, she is asking for a loan to purchase grocery in bulk so that she can have a special discount to increase her profit margin.

      Local partner KREDIT will provide the loan togehter with Lendahand.

      Nombre de la empresaPhillip Bank
      Director generalTy Leangsey
      Fundado2007-01-01
      UbicaciónKandal
      SectorMayorista / Minorista
      Volumen de negocio€25,673.68
      Empleados1

      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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