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Tor Kim

  • Phillip Bank
  • Invierte en una Institución Financiera
  • + otros 17 inversores
  • With a loan of EUR 5,250 Kim is able to purchase ducks and expand her business of selling duck eggs.

    €5,250
    Importe
    3.25%
    Interés
    36 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€5,250
    Interés3.25%
    Vencimiento36 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 2 díasen 21 Octubre 2017.

      Resumen

      Read the information document of the issuer here

      Kim, 49, is married and lives in the Kampong Cham province with her three children. She and her husband (seen in the picture) work together in the farm, they cultivate rice and cashewnuts for the past 20 years. Now she would like to breed ducks to sell them and their eggs for a profit.

      With this loan, Kim can purchase some ducks. She sees this loan as a good economic decision and believes she can both increase her income and raise her standard of living with the purchases.

      Local partner Kredit provides the loan, which has to be repaid in 36 months. 

      Nombre de la empresaTor Kim
      Director generalKim Tor
      Fundado1992-01-01
      UbicaciónKampong Cham Province
      SectorAgricultura
      Volumen de negocio€15,108.47
      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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