CamboyaVanny Silan
With EUR 9,000 Silan is able to expand her grocery business and purchase 3 hectares of farmland.
€9,000
3.25%
42 meses
6 meses
EUR
Moneda| Importe | €9,000 |
| Interés | 3.25% |
| Vencimiento | 42 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Vanny Silan is 30 years old and lives with two of her children in Tboung Khmum province. To earn a living, she sells groceries from her home to earn as main income to support her family. She also has two hectares of cassava and cashew nuts farmland to earn an additional income.
She is now asking for a loan to expand her grocery business and purchase 3 more hectare of farmland to grow cassava and cashew nuts. She believes that these investment will bring more income to improve her living standard.
| Nombre de la empresa | Phillip Bank |
| Director general | Silan Vanny |
| Fundado | 2009-01-01 |
| Ubicación | Dambae |
| Sector | Mayorista / Minorista |
| Volumen de negocio | €25,225.22 |
| 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 3 puestos de trabajo
- Con esta inversión se mejoran 12 vidas