Lang Chanthoeun

With EUR 8,800 Lang is able to procure agricultural products like fertilizer for her husband's rice farm.

funding gap emerging markets

Le projet

Mrs. LANG Chanthoeun, 30, is a true entrepreneur, selling variety grocery products from her home, while her husband, Sophal, is a rice farmer, and makes cook stove for resell. Mr. Sophal employs2 full time workers to help produce the cook stoves. 

Mrs. LANG is asking for a loan for her husband to trade on rice business and purchase fertilizer for farming.

Together with local partner KREDIT will Lendahand provide a loan that must be repaid in 36 months.

Phillip Bank

PDG
Lang Chanthoeun
Création
2010-01-01
Lieu
Kampong Cham
Secteur
Commerce de gros / Commerce de détail
Chiffre d'affaires
€100 067,25
Employés
3
€8 800collecté
Entièrement financée en 7 jours sur 14 Juillet 2016.
13investisseurs
Investir dans la microfinance
€8 800
Objectif
4.0
%
Intérêt
36
mois
Maturité
6
mois
Remboursements
A
B
C
D
E
Cote de crédit

Impact

1
Emplois créés
4
Vies améliorées

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.