CamboyaYoem Ngor
With a loan of EUR 4,800 Ngor can purchase more farmland in Cambodia to grow cashews.
€4,800
3.00%
12 meses
6 meses
EUR
Moneda| Importe | €4,800 |
| Interés | 3.00% |
| Vencimiento | 12 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Mrs. Yoem Ngor, 62, is married mother and lives with her husband and three children in Kampong Cham province. She and her husband have been working as a farmers, growing cashew nuts and cassava since 1996 to make income for her family living.
She would like a loan from Kredit to expand her farm. Mrs. Yoem Ngor is asking for a loan of US$5500 to purchase cashew farmland, a purchase that she sees as a good opportunity to increase her family income.
| Nombre de la empresa | Phillip Bank |
| Director general | Ngor Yoem |
| Fundado | 1996-01-01 |
| Ubicación | Kampong Cham |
| Sector | Agricultura |
| Volumen de negocio | €21,238.93 |
| 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