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funding gap emerging markets
Camboya

Bros Sreyna

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 4 inversores
  • With EUR 4,150 Sreyna is able to stock more groceries to sell in her store and thus increase her family income.

    €4,150
    Importe
    3.25%
    Interés
    36 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€4,150
    Interés3.25%
    Vencimiento36 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 19 horasen 24 Octubre 2017.

      El proyecto

      Read the information document of the issuer here

      Sreyna, 28, is a married mother and has one child, who is still in school. They all live in Kampong Cham province, Cambodia. She and her husband have been operating her grocery store and cultivate rice since 2009 to makes profits to support the living. 

      Since her business is going well, Sreyna is now asking for a loan to add groceries to sell at her store. The rest of the loan she will use to cultivate rice this growing season. She sees that this loan will help her to enlarge her business to meet her customers’ demand, and improve her family’s lives, especially helping her children through to go to college.

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

      Nombre de la empresaPhillip Bank
      Director generalSreyna Bros
      Fundado2009-01-01
      UbicaciónKampong Cham Province
      SectorMayorista / Minorista
      Volumen de negocio€37,515.25
      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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