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funding gap emerging markets
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Sok Mao

  • Phillip Bank
  • Invierte en una Institución Financiera
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  • With a loan of EUR 5,400 Mao is able to raise more ducks and pigs and increase her family income.

    €5,400
    Importe
    3.25%
    Interés
    36 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€5,400
    Interés3.25%
    Vencimiento36 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 1 día.en 4 Noviembre 2016.

      Resumen

      Sok Mao, 59, is married and lives with her husband and three employed children in Kampong Cham province. She and her husband are farmers, growing rice and bean to earn a living since they get married. Beside farming, she also trades rice and bean from local farmers to resell to wholesaler. They also raise ducks for eggs and pigs to earn an additional income to support the family. 

      Sok Mao is now requesting for a loan to raise more ducks and pigs. She hopes that this investment would bring more income for her family.

      Nombre de la empresaSok Mao
      Director generalMao Sok
      Fundado2012-01-01
      UbicaciónBatheay
      SectorAgricultura
      Volumen de negocio€31,531.53
      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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      Ya hemos invertido en Sok Mao

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