funding gap emerging markets
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Sorn Soknan

  • Phillip Bank
  • Invertir en microfinanzas
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  • With a loan of 4,400 EUR Soknan can purchase more farmland to grow peper because of the high price.

    €4,400
    Importe
    3.00%
    Interés
    12 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€4,400
    Interés3.00%
    Vencimiento12 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Financiación completa en 1 díaen 7 Julio 2016.

      El proyecto

      Mrs. Sorn Soknan, 38, is married and lives in the Tboung Khmum province with her two school aged children. She and her husband have been working as farmers since 2006, growing rice, cassava, and pepper to support her family. Currently, the price of pepper has been increased so she want to expand her farm. 

      To make more income, she is asking for a loan to purchase one hectare of pepper farmland. She believes it will be a good investing for her family and allow her to enlarge her farm in the future.

      Nombre de la empresaPhillip Bank
      Director generalSoknan Sorn
      Fundado2006-01-01
      UbicaciónKampong Cham
      SectorAgricultura
      Volumen de negocio€41,681.41
      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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      Ya hemos invertido en Sorn Soknan

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