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funding gap emerging markets
Camboya

Ya Kimneang

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 7 inversores
  • With a loan of EUR 4,250 Ya will be able to enlarge her food store which she is running with her husband since 6 years.

    €4,250
    Importe
    3.25%
    Interés
    36 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€4,250
    Interés3.25%
    Vencimiento36 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 1 día.en 13 Septiembre 2017.

      El proyecto

      Ya Kimneang is 47 years old married mother of three school aged children whom living in Prey Veng province, Cambodia. For the past six year, she and her husband have been working together in their own food store, selling breakfast and coffee, to earn income for support family living. She is now want to enlarge her food store but lacking of finance that is why she asking for a loan. She will use this loan to create more money for support her family especially help her children to get higher education.

      Nombre de la empresaPhillip Bank
      Director generalYa Kimneang
      Fundado2011-01-01
      UbicaciónPrey Veng
      SectorServicios
      Volumen de negocio€16,949.15
      Empleados2

      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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