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funding gap emerging markets
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Tuy Sivorn

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 28 inversores
  • With a loan of EUR 8,550 Sivorn can purchase a new car to transport goods for her business and increase income.

    €8,550
    Importe
    3.25%
    Interés
    42 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€8,550
    Interés3.25%
    Vencimiento42 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 12 díasen 27 Noviembre 2017.

      El proyecto

      Read the information document of the issuer here

      Sivorn is 46 years old and lives with her husband and two children in the province of Kampong Cham in Cambodia.  They own a little restaurant where they cook rice, flame-grill pork and noodle soup to sell.

      Since there are growth opportunities, she needs to replace the old car with a newer one. With this loan she can enlarge her business and increase income. 

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

      Nombre de la empresaPhillip Bank
      Director generalSivorn Tuy
      Fundado2012-01-01
      UbicaciónKampong Cham Province
      SectorProducción manufacturera
      Volumen de negocio€35,897.43
      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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      Ya hemos invertido en Tuy Sivorn

      Piet van der Kooi
      Gerard de Jong
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      28
      inversores