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funding gap emerging markets
Camboya

Phan Chanra

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 28 inversores
  • With EUR 13,200 Chanra is able to acquire an excavator to dig up fertile soil and sell that to other farmers.

    €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 24 díasen 25 Mayo 2016.

      El proyecto

      Mrs. PHAN Chanra is married and lives with her husband in Kampong Chhnang province. She is a farmer and trade cow cows to earn a living. For farming, she does two times per years, dry and raining season. About 30-40 percents of the rice output is usually for sell, while remaining is for family. She also trade cows, selling small cows or the thin cows to feed for a period of time then resell for a profit. Every 3-4 months she usually sell 2-3 cows.

      Her husband has a business dig and sell the soil. He often go to buy a plot of farmland then he dig the soil to resell. He has three trucks to transport and now he is asking for a loan to purchase an excavator. Before the loan, he rent an excavator to dig the soil. 

      Mrs. PHAN and her husband sees this loan as a way to increase her income and is confident that her business venture will be successful.

      Nombre de la empresaPhillip Bank
      Director generalChanra Phan
      Fundado2007-01-01
      UbicaciónKampong Chhnang
      SectorAgricultura
      Volumen de negocio€31,168.14
      Empleados4

      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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      Ya hemos invertido en Phan Chanra

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      28
      inversores