Thorn is now requesting for a loan of EUR 9,000 to purchase farming materials for grow more pepper.
9 000 €
|Montant||9 000 €|
Hak Thorn, 55, is married who lives in the Tboung Khmum Province of Cambodia. She and her husband have been working in a pepper farm together to earn additional income to support the family since 1991.
She is now requesting for a loan to purchase farming materials for grow more pepper. She sees this investment as an opportunity to increase her family income and raise her family standard of living.
|Nom de l’entreprise||Hak Thorn|
|Lieu||Tboung Khmum Province|
|Chiffre d'affaires||40 540,54 €|
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.
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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Read more here on how every Phillip Bank project that appears on our platform invests in several local entrepreneurs.
- Grâce à cet investissement 1 emploi est créé
- Avec cet investissement 4 sont améliorées