CamboyaChing Heang
Ching is asking for EUR 6,600 to purchase a water pump and to buy farming materials for growing more rice and lotus.
€6,600
3.00%
24 meses
6 meses
EUR
Moneda| Importe | €6,600 |
| Interés | 3.00% |
| Vencimiento | 24 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Ching Heang, 54, is married and resides with her husband and four children in Kampong Cham Province, Cambodia. To earn the living, she and her husband are working together as rice and lotus farmers.
The weather conditions have been difficult for farming that is the reason Heang is asking for a loan to purchase a water pump and to buy farming materials for growing more rice and lotus. 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 | Ching Heang |
| Fundado | 1988-01-01 |
| Ubicación | Kampong Cham |
| Sector | Agricultura |
| Volumen de negocio | €23,060.37 |
| 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 crea 1 puesto de trabajo
- Con esta inversión se mejoran 4 vidas