Un Aun
With EUR 2,950 Aun can expand her business by purchasing additional seedlings, a spray can and fertilizer.
€2,950
3.00%
24 meses
6 meses
EUR
MonedaImporte | €2,950 |
Interés | 3.00% |
Vencimiento | 24 meses |
Reembolsos | 6 meses |
Moneda | EUR |
El proyecto
Read the information document of the issuer here
Aun is a 43-year-old married woman, who lives with her husband and 4 children in a rural community in the province Prey Veng in Cambodia. For the past 20 years, Aun has been operating at her farm together with her husband, where they cultivate rice in order to sell at the local market to earn a living.
With this loan she can pay for additional seedlings, a spray can, and fertilizer to assist her with her farming activities. This is investment increases her income and allows her to support her family and pay her children's school fees.
Local partner Kredit provides this loan with a maturity of 24 months.
Nombre de la empresa | Phillip Bank |
Director general | Aun Un |
Fundado | 1995-01-01 |
Ubicación | Prey Veng |
Sector | Agricultura |
Volumen de negocio | €7,555.93 |
Empleados | 2 |
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