CamboyaPhoem Sophy
With a loan of EUR 2,500 Sophy can buy more cosmetic products to sell at the local market and increase her income.
€2,500
3.25%
36 meses
6 meses
EUR
Moneda| Importe | €2,500 |
| Interés | 3.25% |
| Vencimiento | 36 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Read the information document of the issuer here
Sophy lives with her child in the province Prey Veng in Cambodia. She sells cosmetic products at the local market to support her family for the past 3 years.
With this loan she can increase her profits and add more cosmetic products to sell such as lotion, facial cream, shampoo and collagenl. This investment is a good opportunity to increase income and improve her family's living conditions.
Local partner Kredit provides this loan with a maturity of 36 months.
| Nombre de la empresa | Phillip Bank |
| Director general | Sophy Phoem |
| Fundado | 2015-01-01 |
| Ubicación | Prey Veng |
| Sector | Mayorista / Minorista |
| Volumen de negocio | €6,352.94 |
| Empleados | 1 |
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.
- Con esta inversión se crean 1 puestos de trabajo
- Con esta inversión se mejoran 4 vidas