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funding gap emerging markets
Camboya

Ches Samath

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 20 inversores
  • With a loan of EUR 7,200 Samath is able to raise more chickens and ducks at his farm and sell the eggs.

    €7,200
    Importe
    3.25%
    Interés
    42 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€7,200
    Interés3.25%
    Vencimiento42 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 15 díasen 25 Noviembre 2016.

      El proyecto

      Ches Samath, 43, is married and raises chickens and ducks to earn living in Kampong Cham Province, while her husband is a farmer and her children are garment factory workers. 

      Currently, Samath is asking for a loan to raise more chickens and ducks and also purchase food to feed them as well.

      Nombre de la empresaPhillip Bank
      Director generalSamath Ches
      Fundado1999-01-01
      UbicaciónBatheay
      SectorAgricultura
      Volumen de negocio€15,470.27
      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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