Sun Sreymom

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Sun Sreymom

Phillip Bank

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With EUR 10,400 Sun is able to build 6 additional rooms to rent out to garment factory workers.

€10,400

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€10,400
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 14 Abril 2016.

El proyecto

Mrs. Sun Sreymom is married and lives with her husband in Paoy Paet city. She has a business renting rooms to garment factory workers to earn a profit. Currently, she has 16 rooms to rent out and the business has been about for five years.

She sees the renting room service is a good opportunity to expand her income that is why she is asking for a loan from KREDIT to build another 6 rooms. she believes that she is able to earn an additional income to support her family.

The loan must be repaid in 48 months.

Nombre de la empresa	Phillip Bank
Director general	Sun Sreymom
Fundado	2009-01-01
Ubicación	Paoy Paet
Sector	Servicios
Volumen de negocio	€12,631.57
Empleados	1

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.