CambodgePhon Song
With a loan of EUR 2,550 Phon can purchase organic fertilizer, organic pesticide and fuel for the tractor for farming.
€2 550
3,00%
24 mois
6 mois
EUR
Devise| Montant | €2 550 |
| Intérêt | 3,00% |
| Maturité | 24 mois |
| Remboursements | 6 mois |
| Devise | EUR |
Le projet
Mrs. Phon Song is 53 years old. She is married and living with her beloved husband in the village in Prey Veng province of Cambodia. She and her husband are farmers and have been cultivating rice since 1983. Because of the weather conditions has been difficult for farming, she is now decided to applying for a loan to purchase organic fertilizer, organic pesticide, fuel for the tractor for farming in this dry season. She believes with this loan will allow her to cultivating rice 2-3 time per years both rainy and dry season to increase her crop yields and as well as her family profits.
| Nom de l’entreprise | Phillip Bank |
| PDG | Phon Song |
| Création | 1983-01-01 |
| Lieu | Prey Veng |
| Secteur | Agriculture |
| Chiffre d'affaires | €11 922,03 |
| Employés | 2 |
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 1 emploi est créé
- Avec cet investissement 4 sont améliorées