CamboyaSoeun Saroeun
With a loan of 4,400 farmer Soeun is able to expand his his current activities and start trading cashews.
€4,400
3.00%
24 meses
6 meses
EUR
Moneda| Importe | €4,400 |
| Interés | 3.00% |
| Vencimiento | 24 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Soeun Saroeun, 43, is a resident in the Kampong Cham province. He is married and has four children in his care. He and his wife are farmer and has been cultivating rice, cassava and other crops as well.
In order to makes more profits, he is now asking for a loan to run a new business as a cashew trader. He sees this new business will help his family finance and better support his family living.
Local partner Kredit will provide this loan.
| Nombre de la empresa | Phillip Bank |
| Director general | Soeun Saroeun |
| Fundado | 2010-01-01 |
| Ubicación | Kampong Cham |
| Sector | Agricultura |
| Volumen de negocio | €16,071.42 |
| Empleados | 2 |
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