CamboyaHeang Soklag
With a loan of EUR 6,200 Soklag is able to invest in her cassava plantation and increase her daily income.
€6,200
3.00%
24 meses
6 meses
EUR
Moneda| Importe | €6,200 |
| Interés | 3.00% |
| Vencimiento | 24 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Mrs. Heang Soklag, 33, is married and lives with her husband and two school aged children in Kampong Cham province. To earn a living, she and her husband are farmers, growing cassava on five hectare of farmland since 2011 to earn as a main income to support her their family. The weather conditions have been difficult for farming in Cambodia this past year and the cassava price is also decrease which make many farmers are in bad condition, Mrs. Heang included.
The cassava demand is now going better since most of the product are not export Vietnam and Thailand, but to China as well. Heang is asking for a loan to invest on her cassava plantation. She sees these investments as a great opportunity to increase her daily income and also to improve her standard of living.
| Nombre de la empresa | Phillip Bank |
| Director general | Soklag Heang |
| Fundado | 2011-01-01 |
| Ubicación | Dambae |
| Sector | Agricultura |
| Volumen de negocio | €10,140.54 |
| 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 crean 2 puestos de trabajo
- Con esta inversión se mejoran 8 vidas