Chhai Sokeng
With a loan of EUR 5,400 Chhai is able to purchase farming materials to grow more pepper.
€5,400
3.00%
24 meses
6 meses
EUR
MonedaImporte | €5,400 |
Interés | 3.00% |
Vencimiento | 24 meses |
Reembolsos | 6 meses |
Moneda | EUR |
El proyecto
Mrs. Chhai Sokeng, 25, is married and lives in the Tboung Khmum
Province of Cambodia. To earn the living, she and her husband working a
pepper farm together for about three years. When she is harvesting, the
traders are come to buy the pepper in the farm. So she no need to spend for
transportation costs, it the way that she can get extra income from her
business.
The weather conditions have been difficult for farming that is the reason she is asking for a loan to buy farming materials for grow more pepper. She
believes that this purchase will allow her to increase her income and be able
to better support her family.
Nombre de la empresa | Phillip Bank |
Director general | Chhai Sokeng |
Fundado | 2013-01-01 |
Ubicación | Tboung Khmum Province |
Sector | Agricultura |
Volumen de negocio | €17,614.28 |
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