CambodgeOeun Yoeun
With a loan of EUR 5,800 Yoeun can buy additional agricultural products.
€5 800
3,00%
24 mois
6 mois
EUR
Devise| Montant | €5 800 |
| Intérêt | 3,00% |
| Maturité | 24 mois |
| Remboursements | 6 mois |
| Devise | EUR |
Le projet
Yoeun Oeun, 43, is married and lives with 2 children in the Tboung Khmum province. To earn a living, he has been working as a farmer, growing beans, rubber, and rice.
His wife earn additional income, trading cashew nuts and rubber. The weather conditions have been difficult for farming in Cambodia this past year and the price of rice and rubber has decreased. These factors have played into a difficult economic year for many Cambodians, Yoeun Oeun included.
In light of these economic difficulties, he is asking for a loan to purchase natural fertilizer and trade agricultural products. He is confident that this loan will allow him to increase daily income and to better support his family.
| Nom de l’entreprise | Phillip Bank |
| PDG | Oeun Yoeun |
| Création | 2014-01-01 |
| Lieu | Memot |
| Secteur | Agriculture |
| Chiffre d'affaires | €14 859,61 |
| Employés | 1 |
Impact
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.
- Grâce à cet investissement 2 emplois sont créés
- Avec cet investissement 8 sont améliorées