CamboyaSokhun Den
With a loan of EUR 6,400 Sokhun will be able to expand her land and increase her production of beans and bananas.
€6,400
3.00%
12 meses
6 meses
EUR
Moneda| Importe | €6,400 |
| Interés | 3.00% |
| Vencimiento | 12 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Sokhun Den is widowed farmer who lives with her two children in Kampong Cham province. She has been working as farmers for about 10 years to earn a living. She grows bananas, beans, and rice on 3 hectares of farmland to earn a profit. She is also works as a dealer, purchasing beans to resell. Sokhun is now requesting for a loan to purchase two more hectares of farmland to grow bananas and beans. This is a big investment and she strongly believes that the banana and bean plantation will bring more income to help support the family.
Together with local partner Kredit Lendahand will
provide a loan that must be repaid in 12 months.
| Nombre de la empresa | Phillip Bank |
| Director general | Sokhun Den |
| Fundado | 2009-01-01 |
| Ubicación | Chamka Leu |
| Sector | Agricultura |
| Volumen de negocio | €31,818.18 |
| 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