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funding gap emerging markets

Thi Sokheng

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 23 inversores
  • With EUR 6,800 Sokheng can buy newer, more modern materials for her restaurant and kareoke business.

    42 meses
    6 meses
    Vencimiento42 meses
    Reembolsos6 meses
      Completamente financiado en 12 díasen 8 Noviembre 2017.

      El proyecto

      Read the information document from the issuer here

      Sokheng, 56 years old, lives in the Kampong cham province in Combodia. She is a business woman and works at the karaoke entertainment bar and restaurant she owns. Her husband works as a police man.

      Since her business is growing more and more, she can use the loan to purchase more modern materials for her karaoke business. She believes this loan will help her to fulfill her customers’ needs, enlarge her business and increase her family income.

      Local partner Kredit provides this loan with a maturity of 42 months. 

      Nombre de la empresaPhillip Bank
      Director generalSokheng Thi
      UbicaciónKampong Cham Province
      Volumen de negocio€20,155.93


      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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