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funding gap emerging markets
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Chim Savat

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 19 inversores
  • With a loan of EUR 8,800 Savat will be able to build 10 rooms more for rent so she can increase her income..

    €8,800
    Importe
    4.00%
    Interés
    36 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€8,800
    Interés4.00%
    Vencimiento36 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 5 díasen 6 Septiembre 2016.

      El proyecto

      Chim Savat is 61 years old. She is a widowed who lives in the Phnom Penh City of Cambodia with her two children. She has been earn income from rental business and selling groceries, she has 30 rooms for rent.


      Since this business make a lot of profits, she is asking for a loan to invest in her business. She would like to build 10 rooms more for rent. She sees this investment will allow her to increase her income and to raise her standard of living.

      Nombre de la empresaPhillip Bank
      Director generalSavat Chim
      Fundado2004-01-01
      UbicaciónPhnom Penh
      SectorServicios
      Volumen de negocio€19,435.71
      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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